Netten IVS — Credit Rating and Financial Key Figures

Netten IVS (CVR number: 36996439) is a company from BRØNDBY. The company recorded a gross profit of 144.7 kDKK in 2017. The operating profit was 7.9 kDKK, while net earnings were -1.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent but Return on Equity (ROE) was -1.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -12.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Netten 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.