NORMAN & JENSEN IVS — Credit Rating and Financial Key Figures

NORMAN & JENSEN IVS (CVR number: 35867562) is a company from SØNDERBORG. The company recorded a gross profit of 173.4 kDKK in 2020. The operating profit was 20.9 kDKK, while net earnings were 5.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.5 %, which can be considered excellent but Return on Equity (ROE) was 6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 28.7 %, 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. NORMAN & JENSEN IVS's liquidity measured by quick ratio was 1.4 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.