Ice N´ Bike IVS

Ice N´ Bike IVS (CVR number: 40298347) is a company from ÆRØ. The company recorded a gross profit of -0.6 kDKK in 2019. The operating profit was -0.6 kDKK, while net earnings were -0.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.3 %, which can be considered poor and Return on Equity (ROE) was -21.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -17.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Ice N´ Bike IVS's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.