Somm Selected IVS — Credit Rating and Financial Key Figures

Somm Selected IVS (CVR number: 39741253) is a company from KØBENHAVN. The company reported a net sales of 0 mDKK in 2020, demonstrating a decline of -55.8 % compared to the previous year. The operating profit percentage was at 91.8 % (EBIT: 0 mDKK), while net earnings were 11.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11 %, which can be considered good but Return on Equity (ROE) was 38 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Somm Selected IVS's liquidity measured by quick ratio was 3 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.