Spirituel Ridekunst IVS — Credit Rating and Financial Key Figures

Spirituel Ridekunst IVS (CVR number: 36898232) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 54.8 kDKK in 2017. The operating profit was 54.8 kDKK, while net earnings were 43.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 129.3 %, which can be considered excellent and Return on Equity (ROE) was 353.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23 %, 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. Spirituel Ridekunst IVS's liquidity measured by quick ratio was 1.3 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.