TV-DATA TEXTTV ApS — Credit Rating and Financial Key Figures

TV-DATA TEXTTV ApS (CVR number: 21849073) is a company from HILLERØD. The company reported a net sales of 0.2 mDKK in 2017, demonstrating a decline of -44.5 % compared to the previous year. The operating profit percentage was at 37 % (EBIT: 0.1 mDKK), while net earnings were 67.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.5 %, which can be considered good but Return on Equity (ROE) was 169.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -92.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. TV-DATA TEXTTV ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.