IE HOLDING, HIRTSHALS A/S — Credit Rating and Financial Key Figures

IE HOLDING, HIRTSHALS A/S (CVR number: 31892791K) is a company from HJØRRING. The company reported a net sales of 2.2 mDKK in 2018, demonstrating a decline of -99.5 % compared to the previous year. The operating profit percentage was poor at -883 % (EBIT: -19.5 mDKK), while net earnings were -43.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was -7.3 %, which can be considered poor and Return on Equity (ROE) was -8.1 %, 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. IE HOLDING, HIRTSHALS A/S's liquidity measured by quick ratio was 51.3 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.