Nine United Trading A/S — Credit Rating and Financial Key Figures

Nine United Trading A/S (CVR number: 41867779K) is a company from HORSENS. The company recorded a gross profit of -1943.5 kDKK in 2021. The operating profit was -6256.4 kDKK, while net earnings were -5565 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.5 %, which can be considered poor and Return on Equity (ROE) was -36.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28.7 %, 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. Nine United Trading A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.