Flix-IT IVS — Credit Rating and Financial Key Figures

Flix-IT IVS (CVR number: 38716042) is a company from AARHUS. The company recorded a gross profit of -4.7 kDKK in 2019. The operating profit was -8.8 kDKK, while net earnings were -9.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -44.8 %, which can be considered poor and Return on Equity (ROE) was -52.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 92.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Flix-IT IVS's liquidity measured by quick ratio was 8.2 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.