NETIP A/S

NETIP A/S (CVR number: 25242947) is a company from THISTED. The company recorded a gross profit of 169.7 mDKK in 2023. The operating profit was 54.9 mDKK, while net earnings were 42.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 51.2 %, which can be considered excellent and Return on Equity (ROE) was 112.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.9 %, 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. NETIP A/S's liquidity measured by quick ratio was 1.4 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.