City-Magasinet IVS — Credit Rating and Financial Key Figures

City-Magasinet IVS (CVR number: 36905204) is a company from GENTOFTE. The company recorded a gross profit of 527.8 kDKK in 2016. The operating profit was -25.4 kDKK, while net earnings were -21.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.3 %, which can be considered poor and Return on Equity (ROE) was -19.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -24.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. City-Magasinet IVS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.