Songbird Danmark IVS

Songbird Danmark IVS (CVR number: 36917288) is a company from AARHUS. The company reported a net sales of 0.4 mDKK in 2016. The operating profit percentage was at 22.2 % (EBIT: 0.1 mDKK), while net earnings were 65.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 56 %, which can be considered excellent and Return on Equity (ROE) was 82.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.7 %, 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. Songbird Danmark IVS's liquidity measured by quick ratio was 1.9 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.