River and Raven IVS — Credit Rating and Financial Key Figures

River and Raven IVS (CVR number: 40110224) is a company from HØRSHOLM. The company recorded a gross profit of 122.4 kDKK in 2020. The operating profit was 10.6 kDKK, while net earnings were 5.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.6 %, which can be considered excellent and Return on Equity (ROE) was 22.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 1.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. River and Raven IVS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.