Charmakids IVS — Credit Rating and Financial Key Figures

Charmakids IVS (CVR number: 37506427) is a company from HALSNÆS. The company recorded a gross profit of -5.4 kDKK in 2018. The operating profit was -5.4 kDKK, while net earnings were -4.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.8 %, which can be considered poor and Return on Equity (ROE) was -18.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 39.6 %, 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. Charmakids IVS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.