CERVO HOLDING ApS — Credit Rating and Financial Key Figures

CERVO HOLDING ApS (CVR number: 31597145K) is a company from ODENSE. The company recorded a gross profit of 44.6 mDKK in 2019. The operating profit was 64.1 mDKK, while net earnings were 23.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.8 %, which can be considered decent but Return on Equity (ROE) was 10.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 38.7 %, 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. CERVO HOLDING ApS's liquidity measured by quick ratio was 10.6 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.