Scito IVS — Credit Rating and Financial Key Figures

Scito IVS (CVR number: 37243752) is a company from AALBORG. The company reported a net sales of 0 mDKK in 2016. The operating profit percentage was at 69.7 % (EBIT: 0 mDKK), while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 88 %, which can be considered excellent but Return on Equity (ROE) was 0 %, 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. Scito IVS's liquidity measured by quick ratio was 0 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.