FirstMower IVS — Credit Rating and Financial Key Figures

FirstMower IVS (CVR number: 38659049) is a company from SVENDBORG. The company recorded a gross profit of 0 kDKK in 2018, demonstrating a decline of -100 % compared to the previous year. The operating profit was 0 kDKK, while net earnings were -0.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered poor and Return on Equity (ROE) was -3.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 88.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FirstMower IVS's liquidity measured by quick ratio was 8.6 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.