Now Nordic Group IVS — Credit Rating and Financial Key Figures

Now Nordic Group IVS (CVR number: 36940905) is a company from KOLDING. The company reported a net sales of 0.2 mDKK in 2020, demonstrating a decline of -13.2 % compared to the previous year. The operating profit percentage was at 33.1 % (EBIT: 0.1 mDKK), while net earnings were 61.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 68.1 %, which can be considered excellent and Return on Equity (ROE) was 187 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 56.5 %, 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. Now Nordic Group IVS's liquidity measured by quick ratio was 2.3 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.