IBISTIC TECHNOLOGIES DENMARK A/S

IBISTIC TECHNOLOGIES DENMARK A/S (CVR number: 27768393) is a company from KØBENHAVN. The company recorded a gross profit of 3209 kDKK in 2020. The operating profit was 1639 kDKK, while net earnings were 1228 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.9 %, which can be considered excellent and Return on Equity (ROE) was 43.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -48.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. IBISTIC TECHNOLOGIES DENMARK A/S's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.