NICODAN ApS — Credit Rating and Financial Key Figures

NICODAN ApS (CVR number: 27519644) is a company from VEJLE. The company recorded a gross profit of -72.6 kDKK in 2018. The operating profit was -127 kDKK, while net earnings were -133.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18.2 %, which can be considered poor and Return on Equity (ROE) was -88.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 50.3 %, 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. NICODAN ApS's liquidity measured by quick ratio was 2 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.