House of Nordic Design ApS — Credit Rating and Financial Key Figures

House of Nordic Design ApS (CVR number: 43891707) is a company from FREDERIKSBERG. The company recorded a gross profit of 382.1 kDKK in 2023. The operating profit was 269.1 kDKK, while net earnings were 209.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 77.6 %, which can be considered excellent and Return on Equity (ROE) was 83.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.7 %, 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. House of Nordic Design ApS's liquidity measured by quick ratio was 7.8 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.