Aurete IVS — Credit Rating and Financial Key Figures

Aurete IVS (CVR number: 39132486) is a company from AALBORG. The company recorded a gross profit of 394.6 kDKK in 2018. The operating profit was -30 kDKK, while net earnings were -27 kDKK. The profitability of the company measured by Return on Assets (ROA) was -22.4 %, which can be considered poor and Return on Equity (ROE) was -25.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -20.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Aurete IVS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.