MORE THAN BEATS IVS

MORE THAN BEATS IVS (CVR number: 36048204) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 68.1 kDKK in 2020. The operating profit was 13.8 kDKK, while net earnings were 13.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 49.9 %, which can be considered excellent and Return on Equity (ROE) was 138.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33 %, 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. MORE THAN BEATS IVS's liquidity measured by quick ratio was 1.5 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.