Nordfyns Radio & TV IVS — Credit Rating and Financial Key Figures

Nordfyns Radio & TV IVS (CVR number: 37064831) is a company from ODENSE. The company recorded a gross profit of -4.3 kDKK in 2020. The operating profit was -4.3 kDKK, while net earnings were -5.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.6 %, which can be considered poor and Return on Equity (ROE) was -17.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -26.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Nordfyns Radio & TV 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.