Formue Nord Globale Aktier A/S — Credit Rating and Financial Key Figures

Formue Nord Globale Aktier A/S (CVR number: 37272140) is a company from AALBORG. The company reported a net sales of 8.6 mDKK in 2019, demonstrating a growth of -375.6 % compared to the previous year. The operating profit percentage was at 97.6 % (EBIT: 8.4 mDKK), while net earnings were 8411.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.6 %, which can be considered excellent and Return on Equity (ROE) was 21.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 98.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Formue Nord Globale Aktier A/S's liquidity measured by quick ratio was 82.3 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.