Nordstrand Festival ApS — Credit Rating and Financial Key Figures

Nordstrand Festival ApS (CVR number: 40409696) is a company from ODSHERRED. The company recorded a gross profit of -1224.5 kDKK in 2021. The operating profit was -1237.2 kDKK, while net earnings were -965.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -115.8 %, which can be considered poor and Return on Equity (ROE) was -161.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -45.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Nordstrand Festival ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.