NIT Udlejning IVS — Credit Rating and Financial Key Figures

NIT Udlejning IVS (CVR number: 37906395) is a company from HJØRRING. The company recorded a gross profit of 145.4 kDKK in 2017. The operating profit was 88.2 kDKK, while net earnings were 17.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.4 %, which can be considered excellent and Return on Equity (ROE) was 83.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 4.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. NIT Udlejning IVS's liquidity measured by quick ratio was 2.5 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.