Baking Sins IVS — Credit Rating and Financial Key Figures

Baking Sins IVS (CVR number: 37651656) is a company from RINGKØBING-SKJERN. The company reported a net sales of 0 mDKK in 2016. The operating profit percentage was poor at -180.2 % (EBIT: -0 mDKK), while net earnings were -23.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -435 %, which can be considered poor and Return on Equity (ROE) was -443.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Baking Sins IVS's liquidity measured by quick ratio was 51.7 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.