Salon Inuit IvS — Credit Rating and Financial Key Figures

Salon Inuit IvS (CVR number: 42263621) is a company from QEQQATA. The company recorded a gross profit of 474.1 kDKK in 2021. The operating profit was 3.1 kDKK, while net earnings were -3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent but Return on Equity (ROE) was -3.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -3.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Salon Inuit IvS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.