Sand Nielsen Holding IVS — Credit Rating and Financial Key Figures

Sand Nielsen Holding IVS (CVR number: 39428598) is a company from LEMVIG. The company recorded a gross profit of 0 kDKK in 2019. The operating profit was 0 kDKK, while net earnings were -0 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.2 %, which can be considered poor and Return on Equity (ROE) was -0.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 32.9 %, 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. Sand Nielsen Holding IVS'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.