Groviac IVS — Credit Rating and Financial Key Figures

Groviac IVS (CVR number: 39612917) is a company from FREDERIKSBERG. The company recorded a gross profit of 13.4 kDKK in 2019. The operating profit was 13.4 kDKK, while net earnings were 10.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 40.5 %, which can be considered excellent and Return on Equity (ROE) was 84 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Groviac IVS's liquidity measured by quick ratio was 1.6 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.