NISS SØRENSEN & SØN A/S — Credit Rating and Financial Key Figures

NISS SØRENSEN & SØN A/S (CVR number: 26244110) is a company from SKIVE. The company recorded a gross profit of 5879.8 kDKK in 2023. The operating profit was 394 kDKK, while net earnings were 92.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak and Return on Equity (ROE) was 0.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 70 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. NISS SØRENSEN & SØN A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.