ROVSING GERMANY ApS — Credit Rating and Financial Key Figures

ROVSING GERMANY ApS (CVR number: 28889046) is a company from GENTOFTE. The company reported a net sales of -0.6 mDKK in 2016. The operating profit percentage was poor at 0 % (EBIT: -0.6 mDKK), while net earnings were -649 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.4 %, which can be considered poor and Return on Equity (ROE) was -12.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ROVSING GERMANY ApS's liquidity measured by quick ratio was 0.2 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.