Tesoro Trading IVS — Credit Rating and Financial Key Figures

Tesoro Trading IVS (CVR number: 39433214) is a company from KØBENHAVN. The company recorded a gross profit of -3.3 kDKK in 2019. The operating profit was -3.3 kDKK, while net earnings were -3.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.7 %, which can be considered poor and Return on Equity (ROE) was -11.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -19.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Tesoro Trading IVS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.