Nordic Solar XIX ApS — Credit Rating and Financial Key Figures

Nordic Solar XIX ApS (CVR number: 44016133) is a company from GENTOFTE. The company recorded a gross profit of -0.6 kEUR in 2023. The operating profit was -0.6 kEUR, while net earnings were -0.9 kEUR. The profitability of the company measured by Return on Assets (ROA) was -11.9 %, which can be considered poor and Return on Equity (ROE) was -19.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 88.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Nordic Solar XIX ApS's liquidity measured by quick ratio was 8 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.