Total E&P NCE A/S — Credit Rating and Financial Key Figures

Total E&P NCE A/S (CVR number: 35471235) is a company from KØBENHAVN. The company recorded a gross profit of 0 kUSD in 2019. The operating profit was -20 kUSD, while net earnings were -24 kUSD. The profitability of the company measured by Return on Assets (ROA) was -2.6 %, which can be considered poor and Return on Equity (ROE) was -2.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 95.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Total E&P NCE A/S's liquidity measured by quick ratio was 14.9 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.