Nets A/S — Credit Rating and Financial Key Figures

Nets A/S (CVR number: 37427497K) is a company from BALLERUP. The company reported a net sales of 1322.8 mEUR in 2023, demonstrating a growth of 3.1 % compared to the previous year. The operating profit percentage was poor at -3.4 % (EBIT: -45 mEUR), while net earnings were 13.3 mEUR. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak and Return on Equity (ROE) was 0.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 35 %, 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. Nets 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.