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

Nitor Trading A/S (CVR number: 38681354) is a company from HEDENSTED. The company recorded a gross profit of -57.8 kDKK in 2018. The operating profit was -57.8 kDKK, while net earnings were -57.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -26.7 %, which can be considered poor and Return on Equity (ROE) was -30.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 88.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Nitor Trading A/S's liquidity measured by quick ratio was 6 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.