Powerballs IVS — Credit Rating and Financial Key Figures

Powerballs IVS (CVR number: 37201448) is a company from ODENSE. The company recorded a gross profit of -1.6 kDKK in 2018. The operating profit was -15 kDKK, while net earnings were -11.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -22.3 %, which can be considered poor and Return on Equity (ROE) was -29.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.6 %, 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. Powerballs IVS's liquidity measured by quick ratio was 1.7 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.