Jagtvej 37, Herning IVS — Credit Rating and Financial Key Figures

Jagtvej 37, Herning IVS (CVR number: 38904345) is a company from HERNING. The company recorded a gross profit of 1986 kDKK in 2018. The operating profit was 3855.7 kDKK, while net earnings were 1243.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.1 %, which can be considered excellent and Return on Equity (ROE) was 99.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 12.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Jagtvej 37, Herning IVS's liquidity measured by quick ratio was 1.2 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.