TORBEN NIELSEN IVS — Credit Rating and Financial Key Figures

TORBEN NIELSEN IVS (CVR number: 31864356) is a company from HORSENS. The company recorded a gross profit of 182.5 kDKK in 2017. The operating profit was 0.4 kDKK, while net earnings were 0.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak and Return on Equity (ROE) was 0.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 52.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. TORBEN NIELSEN IVS's liquidity measured by quick ratio was 2.1 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.