Nordic Experience IVS — Credit Rating and Financial Key Figures

Nordic Experience IVS (CVR number: 38050834) is a company from ODENSE. The company recorded a gross profit of -31.8 kDKK in 2020. The operating profit was -65.9 kDKK, while net earnings were -57.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.5 %, which can be considered poor and Return on Equity (ROE) was -38.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 80.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Nordic Experience IVS's liquidity measured by quick ratio was 5 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.