North Sea Hydrogen A/S — Credit Rating and Financial Key Figures

North Sea Hydrogen A/S (CVR number: 43997181) is a company from LEMVIG. The company recorded a gross profit of -12 kDKK in 2023. The operating profit was -12 kDKK, while net earnings were -10.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3 %, which can be considered poor and Return on Equity (ROE) was -2.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. North Sea Hydrogen A/S's liquidity measured by quick ratio was 40 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.