FootWearTeam.eu IVS — Credit Rating and Financial Key Figures

FootWearTeam.eu IVS (CVR number: 38888463) is a company from VIBORG. The company recorded a gross profit of 1.1 kDKK in 2019. The operating profit was 1.1 kDKK, while net earnings were -0.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak but Return on Equity (ROE) was -3.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 23.1 %, 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. FootWearTeam.eu 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.