Friendly Cloud IVS — Credit Rating and Financial Key Figures

Friendly Cloud IVS (CVR number: 38614010) is a company from GENTOFTE. The company recorded a gross profit of -16 kDKK in 2018. The operating profit was -16 kDKK, while net earnings were -16.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -264.2 %, which can be considered poor and Return on Equity (ROE) was -887.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 45.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Friendly Cloud IVS's liquidity measured by quick ratio was 1.8 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.