NIENDE ETAPE IVS — Credit Rating and Financial Key Figures

NIENDE ETAPE IVS (CVR number: 35636471) is a company from ODENSE. The company reported a net sales of 0 mDKK in 2020, demonstrating a growth of 9.5 % compared to the previous year. The operating profit percentage was at 6.7 % (EBIT: 0 mDKK), while net earnings were 0.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak and Return on Equity (ROE) was 1.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 93.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. NIENDE ETAPE IVS's liquidity measured by quick ratio was 16.5 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.