FURNFOX IVS — Credit Rating and Financial Key Figures

FURNFOX IVS (CVR number: 36483288) is a company from HØRSHOLM. The company reported a net sales of 0.1 mDKK in 2016. The operating profit percentage was at 21.2 % (EBIT: 0 mDKK), while net earnings were 22.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.4 %, which can be considered excellent and Return on Equity (ROE) was 34.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FURNFOX IVS's liquidity measured by quick ratio was 2.5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.