NETS Denmark A/S — Credit Rating and Financial Key Figures

NETS Denmark A/S (CVR number: 20016175) is a company from BALLERUP. The company reported a net sales of 638.7 mDKK in 2022, demonstrating a growth of 2.2 % compared to the previous year. The operating profit percentage was at 4.6 % (EBIT: 29.1 mDKK), while net earnings were 92.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 1.3 %, which can be considered weak but Return on Equity (ROE) was 10.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 35.9 %, 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. NETS Denmark A/S's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.