FormQuest IVS — Credit Rating and Financial Key Figures

FormQuest IVS (CVR number: 38196030) is a company from ASSENS. The company recorded a gross profit of 2.2 kDKK in 2020. The operating profit was 2.2 kDKK, while net earnings were -14.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was -38.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -3.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FormQuest IVS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.