Velo Nordic IVS — Credit Rating and Financial Key Figures

Velo Nordic IVS (CVR number: 38762036) is a company from TÅRNBY. The company reported a net sales of 0 mDKK in 2018. The operating profit percentage was at 43.3 % (EBIT: 0 mDKK), while net earnings were 10 kDKK. The profitability of the company measured by Return on Assets (ROA) was 66.3 %, which can be considered excellent and Return on Equity (ROE) was 116.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75 %, 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. Velo Nordic IVS'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.