IS 2016 ApS — Credit Rating and Financial Key Figures

IS 2016 ApS (CVR number: 38168517) is a company from HJØRRING. The company recorded a gross profit of 235 kDKK in 2023. The operating profit was -4863.1 kDKK, while net earnings were 6855.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.8 %, which can be considered good but Return on Equity (ROE) was 21.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.9 %, 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. IS 2016 ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.