TC Jewelry IVS — Credit Rating and Financial Key Figures

TC Jewelry IVS (CVR number: 36682477) is a company from SYDDJURS. The company recorded a gross profit of 129.8 kDKK in 2016. The operating profit was -1.7 kDKK, while net earnings were -1.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.5 %, which can be considered poor and Return on Equity (ROE) was -0.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 61.2 %, 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. TC Jewelry 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.