Nordic M24 ApS — Credit Rating and Financial Key Figures

Nordic M24 ApS (CVR number: 44310848) is a company from GENTOFTE. The company recorded a gross profit of -1 kEUR in 2023. The operating profit was -1 kEUR, while net earnings were -1.2 kEUR. The profitability of the company measured by Return on Assets (ROA) was -16.3 %, which can be considered poor and Return on Equity (ROE) was -28.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.5 %, 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 M24 ApS's liquidity measured by quick ratio was 4.6 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.