NINE EYEWEAR A/S — Credit Rating and Financial Key Figures

NINE EYEWEAR A/S (CVR number: 33262736) is a company from AARHUS. The company recorded a gross profit of 7206.5 kDKK in 2023. The operating profit was 2838.6 kDKK, while net earnings were 1565.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.7 %, which can be considered good and Return on Equity (ROE) was 10.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 67.6 %, 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. NINE EYEWEAR A/S's liquidity measured by quick ratio was 1 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.