PPNordic IvS — Credit Rating and Financial Key Figures

PPNordic IvS (CVR number: 40325476) is a company from TØNDER. The company reported a net sales of 0.3 mDKK in 2020, demonstrating a growth of 458.7 % compared to the previous year. The operating profit percentage was at 12.9 % (EBIT: 0 mDKK), while net earnings were 27.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 148.4 %, which can be considered excellent and Return on Equity (ROE) was 138 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -40.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. PPNordic IvS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.