Farvig IT IVS — Credit Rating and Financial Key Figures

Farvig IT IVS (CVR number: 38293516) is a company from KØBENHAVN. The company recorded a gross profit of -14.8 kDKK in 2020. The operating profit was -14.8 kDKK, while net earnings were -14.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -32.1 %, which can be considered poor and Return on Equity (ROE) was -49.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 48.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Farvig IT IVS's liquidity measured by quick ratio was 1.9 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.