Nordic Solar XX ApS — Credit Rating and Financial Key Figures

Nordic Solar XX ApS (CVR number: 44291738) is a company from GENTOFTE. The company recorded a gross profit of -7.3 kEUR in 2024. The operating profit was -7.3 kEUR, while net earnings were -13.8 kEUR. The profitability of the company measured by Return on Assets (ROA) was -5.9 %, which can be considered poor and Return on Equity (ROE) was -5.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -2.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Nordic Solar XX ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.