Nordic Simple IVS — Credit Rating and Financial Key Figures

Nordic Simple IVS (CVR number: 38898795) is a company from SØNDERBORG. The company recorded a gross profit of 0 kDKK in 2020. The operating profit was 0 kDKK, while net earnings were -6.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered poor and Return on Equity (ROE) was -98.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34.2 %, 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. Nordic Simple IVS's liquidity measured by quick ratio was 1.5 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.