TWIN Advance IVS — Credit Rating and Financial Key Figures

TWIN Advance IVS (CVR number: 36977825) is a company from HORSENS. The company recorded a gross profit of 105.5 kDKK in 2016. The operating profit was 10.6 kDKK, while net earnings were 8.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 64.6 %, which can be considered excellent and Return on Equity (ROE) was 100 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. TWIN Advance IVS's liquidity measured by quick ratio was 2 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.