Clockbeats IVS — Credit Rating and Financial Key Figures

Clockbeats IVS (CVR number: 36965339) is a company from FREDERIKSBERG. The company recorded a gross profit of -28 kDKK in 2017. The operating profit was -28 kDKK, while net earnings were -21.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -63.4 %, which can be considered poor and Return on Equity (ROE) was -85.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 36.2 %, 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. Clockbeats 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.