Sweet Solution IVS — Credit Rating and Financial Key Figures

Sweet Solution IVS (CVR number: 38354175) is a company from NORDFYNS. The company recorded a gross profit of 127.2 kDKK in 2020. The operating profit was 127.2 kDKK, while net earnings were 95.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 87.1 %, which can be considered excellent and Return on Equity (ROE) was 494.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -71.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Sweet Solution IVS's liquidity measured by quick ratio was 0.3 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.