Nordic Solar XIII ApS — Credit Rating and Financial Key Figures

Nordic Solar XIII ApS (CVR number: 43643320) is a company from GENTOFTE. The company recorded a gross profit of -19.1 kEUR in 2024. The operating profit was -19.1 kEUR, while net earnings were -194 kEUR. The profitability of the company measured by Return on Assets (ROA) was 6.8 %, which can be considered decent but Return on Equity (ROE) was -2.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -2.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Nordic Solar XIII ApS's liquidity measured by quick ratio was 2.1 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.