Tutten IVS — Credit Rating and Financial Key Figures

Tutten IVS (CVR number: 35824898) is a company from SLAGELSE. The company recorded a gross profit of 197.5 kDKK in 2017. The operating profit was -8.7 kDKK, while net earnings were -27.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.8 %, which can be considered poor and Return on Equity (ROE) was -87.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -22.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Tutten IVS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.