Nitor Energy A/S — Credit Rating and Financial Key Figures

Nitor Energy A/S (CVR number: 38680781) is a company from AARHUS. The company reported a net sales of 13202.9 mEUR in 2023, demonstrating a decline of -50.2 % compared to the previous year. The operating profit percentage was at 0.3 % (EBIT: 36.6 mEUR), while net earnings were 33.2 mEUR. The profitability of the company measured by Return on Assets (ROA) was 14.4 %, which can be considered good but Return on Equity (ROE) was 16.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 80.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Nitor Energy A/S's liquidity measured by quick ratio was 4.5 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.