Needenskov A/S — Credit Rating and Financial Key Figures

Needenskov A/S (CVR number: 38012088) is a company from KOLDING. The company recorded a gross profit of 734.2 kDKK in 2017. The operating profit was 475.9 kDKK, while net earnings were 326.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36 %, which can be considered excellent and Return on Equity (ROE) was 49.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.5 %, 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. Needenskov A/S's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.