NORDESTATE A/S

NORDESTATE A/S (CVR number: 29817456K) is a company from AARHUS. The company recorded a gross profit of 50 kEUR in 2019. The operating profit was -1486 kEUR, while net earnings were -332 kEUR. The profitability of the company measured by Return on Assets (ROA) was -3.8 %, which can be considered poor and Return on Equity (ROE) was -18.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 46.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. NORDESTATE A/S's liquidity measured by quick ratio was 1.9 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.