Nørgaard Entreprenør ApS — Credit Rating and Financial Key Figures

Nørgaard Entreprenør ApS (CVR number: 44799901) is a company from MORSØ. The company recorded a gross profit of 537.3 kDKK in 2024. The operating profit was 68.1 kDKK, while net earnings were 50.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.4 %, which can be considered excellent and Return on Equity (ROE) was 55.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Nørgaard Entreprenør ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.