Corro IVS — Credit Rating and Financial Key Figures

Corro IVS (CVR number: 36894458) is a company from AARHUS. The company reported a net sales of 0.1 mDKK in 2016. The operating profit percentage was at 18.6 % (EBIT: 0 mDKK), while net earnings were 25.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 132.2 %, which can be considered excellent and Return on Equity (ROE) was 1201.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -89 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Corro IVS's liquidity measured by quick ratio was 0.1 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.