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

NISS SØRENSEN & SØN TRADING A/S (CVR number: 46513215) is a company from SKIVE. The company recorded a gross profit of 1799.7 kDKK in 2023. The operating profit was -59.7 kDKK, while net earnings were -33.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.5 %, which can be considered poor and Return on Equity (ROE) was -1.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78 %, 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 TRADING A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.