Karlsen Birk IVS

Karlsen Birk IVS (CVR number: 38605739) is a company from VIBORG. The company reported a net sales of 0.1 mDKK in 2019, demonstrating a decline of -18 % compared to the previous year. The operating profit percentage was at 2.6 % (EBIT: 0 mDKK), while net earnings were -1.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 42.4 %, which can be considered excellent but Return on Equity (ROE) was -199.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Karlsen Birk IVS's liquidity measured by quick ratio was 0 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.