Flaming Flamingo IVS — Credit Rating and Financial Key Figures

Flaming Flamingo IVS (CVR number: 39267128) is a company from RØDOVRE. The company recorded a gross profit of -16.6 kDKK in 2020, demonstrating a decline of 0 % compared to the previous year. The operating profit was -27.3 kDKK, while net earnings were -21.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -152.3 %, which can be considered poor and Return on Equity (ROE) was -132.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73.2 %, 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. Flaming Flamingo IVS's liquidity measured by quick ratio was 3.7 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.