AFAG Holding IVS — Credit Rating and Financial Key Figures

AFAG Holding IVS (CVR number: 39390760) is a company from KØBENHAVN. The company recorded a gross profit of -1.9 kDKK in 2020. The operating profit was -1.9 kDKK, while net earnings were -2.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.2 %, which can be considered poor and Return on Equity (ROE) was -31.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -24.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. AFAG Holding IVS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.