Nordic Reach ApS — Credit Rating and Financial Key Figures

Nordic Reach ApS (CVR number: 44060396) is a company from AARHUS. The company recorded a gross profit of 140.2 kDKK in 2023. The operating profit was -13.3 kDKK, while net earnings were -15.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.9 %, which can be considered poor and Return on Equity (ROE) was -16.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -45.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Nordic Reach 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.