HC Andersen Souvenirs IVS — Credit Rating and Financial Key Figures

HC Andersen Souvenirs IVS (CVR number: 36971193) is a company from ODENSE. The company recorded a gross profit of -78.3 kDKK in 2018. The operating profit was -93.1 kDKK, while net earnings were -94.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -50.7 %, which can be considered poor and Return on Equity (ROE) was -85 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. HC Andersen Souvenirs IVS's liquidity measured by quick ratio was 2.6 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.