Rønde Communication and Consulting IVS

Rønde Communication and Consulting IVS (CVR number: 39448769) is a company from HERNING. The company reported a net sales of 0.1 mDKK in 2020, demonstrating a decline of -54.1 % compared to the previous year. The operating profit percentage was at 0.7 % (EBIT: 0 mDKK), while net earnings were 0.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent but Return on Equity (ROE) was 65.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 14.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Rønde Communication and Consulting IVS's liquidity measured by quick ratio was 1.2 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.