New Nordic Software IVS — Credit Rating and Financial Key Figures

New Nordic Software IVS (CVR number: 39797364) is a company from KØBENHAVN. The company reported a net sales of 0 mDKK in 2019. The operating profit percentage was at 100 % (EBIT: 0 mDKK), while net earnings were 17.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 80 %, which can be considered excellent and Return on Equity (ROE) was 258.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.8 %, 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. New Nordic Software IVS's liquidity measured by quick ratio was 1.5 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.