Nørtoft VVS ApS — Credit Rating and Financial Key Figures

Nørtoft VVS ApS (CVR number: 39402351) is a company from VARDE. The company recorded a gross profit of 740.1 kDKK in 2023. The operating profit was 196.8 kDKK, while net earnings were 149.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.8 %, which can be considered excellent and Return on Equity (ROE) was 26.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68.2 %, 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. Nørtoft VVS ApS's liquidity measured by quick ratio was 2.2 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.