CoWorkers IVS — Credit Rating and Financial Key Figures

CoWorkers IVS (CVR number: 39446995) is a company from ODENSE. The company recorded a gross profit of 6.8 kDKK in 2019. The operating profit was -3.8 kDKK, while net earnings were -3.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -78.2 %, which can be considered poor and Return on Equity (ROE) was -106.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 45.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. CoWorkers IVS's liquidity measured by quick ratio was 1.8 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.