Fælleskantinen i Ikast-Brande IVS — Credit Rating and Financial Key Figures

Fælleskantinen i Ikast-Brande IVS (CVR number: 39073021) is a company from IKAST-BRANDE. The company reported a net sales of -3.7 mDKK in 2020, demonstrating a decline of 10.2 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0.2 mDKK), while net earnings were -161.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.3 %, which can be considered poor and Return on Equity (ROE) was -63 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Fælleskantinen i Ikast-Brande IVS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.