Rendezvous Artspace IVS — Credit Rating and Financial Key Figures

Rendezvous Artspace IVS (CVR number: 38175637) is a company from AARHUS. The company reported a net sales of 0 mDKK in 2017. The operating profit percentage was poor at -12.5 % (EBIT: -0 mDKK), while net earnings were -2.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -44.6 %, which can be considered poor and Return on Equity (ROE) was -185.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24 %, 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. Rendezvous Artspace 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.