Nordeq Group ApS — Credit Rating and Financial Key Figures

Nordeq Group ApS (CVR number: 37270113) is a company from AALBORG. The company reported a net sales of 0.4 mDKK in 2019, demonstrating a decline of -43.2 % compared to the previous year. The operating profit percentage was poor at -38.4 % (EBIT: -0.1 mDKK), while net earnings were -139.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -88.8 %, which can be considered poor and Return on Equity (ROE) was -163.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 31.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Nordeq Group ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.