PhoneTown IVS — Credit Rating and Financial Key Figures

PhoneTown IVS (CVR number: 38397656) is a company from NÆSTVED. The company recorded a gross profit of 23.7 kDKK in 2019. The operating profit was -133.2 kDKK, while net earnings were -139 kDKK. The profitability of the company measured by Return on Assets (ROA) was -44.6 %, which can be considered poor and Return on Equity (ROE) was -130.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -38.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. PhoneTown IVS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.