WATER SPORTS CENTER RINGKØBING FJORD IVS — Credit Rating and Financial Key Figures

WATER SPORTS CENTER RINGKØBING FJORD IVS (CVR number: 31863961) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 12.7 kDKK in 2018. The operating profit was -15 kDKK, while net earnings were -15 kDKK. The profitability of the company measured by Return on Assets (ROA) was -22.4 %, which can be considered poor and Return on Equity (ROE) was -28.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74 %, 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. WATER SPORTS CENTER RINGKØBING FJORD IVS's liquidity measured by quick ratio was 3.8 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.