Nordic Solar Knullen ApS — Credit Rating and Financial Key Figures

Nordic Solar Knullen ApS (CVR number: 44354454) is a company from GENTOFTE. The company recorded a gross profit of -0.8 kEUR in 2023. The operating profit was -0.8 kEUR, while net earnings were -1.1 kEUR. The profitability of the company measured by Return on Assets (ROA) was -14.7 %, which can be considered poor and Return on Equity (ROE) was -25 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 75.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Nordic Solar Knullen ApS's liquidity measured by quick ratio was 6.4 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.