Clips Group 1 IVS — Credit Rating and Financial Key Figures

Clips Group 1 IVS (CVR number: 36898372) is a company from AARHUS. The company recorded a gross profit of -21.8 kDKK in 2017. The operating profit was -42.7 kDKK, while net earnings were -43.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -39.4 %, which can be considered poor and Return on Equity (ROE) was -98.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -25.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Clips Group 1 IVS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.