J. Norsted IVS

J. Norsted IVS (CVR number: 38832956) is a company from HORSENS. The company recorded a gross profit of 263.8 kDKK in 2019. The operating profit was 3.1 kDKK, while net earnings were 2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak and Return on Equity (ROE) was 3.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 65.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. J. Norsted IVS's liquidity measured by quick ratio was 2.9 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.