Nordicmatters IT ApS — Credit Rating and Financial Key Figures

Nordicmatters IT ApS (CVR number: 40988238) is a company from AARHUS. The company recorded a gross profit of 1064.4 kDKK in 2020. The operating profit was -194.3 kDKK, while net earnings were -169.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.2 %, which can be considered poor and Return on Equity (ROE) was -8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 67.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Nordicmatters IT ApS's liquidity measured by quick ratio was 1.4 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.