Fashion Solutions IVS — Credit Rating and Financial Key Figures

Fashion Solutions IVS (CVR number: 38332546) is a company from HILLERØD. The company recorded a gross profit of 5.9 kDKK in 2018. The operating profit was 5.9 kDKK, while net earnings were 4.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9 %, which can be considered good and Return on Equity (ROE) was 13.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at -39.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Fashion Solutions 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.