Ni-Tech ApS — Credit Rating and Financial Key Figures

Ni-Tech ApS (CVR number: 39819295) is a company from VARDE. The company recorded a gross profit of 162.6 kDKK in 2021. The operating profit was -38.5 kDKK, while net earnings were -77.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -33.6 %, which can be considered poor and Return on Equity (ROE) was -184.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -46.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Ni-Tech ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.