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

IE HOLDING, HIRTSHALS A/S (CVR number: 31892791) is a company from HJØRRING. The company recorded a gross profit of -236 kDKK in 2018. The operating profit was -251 kDKK, while net earnings were -41 mDKK. The profitability of the company measured by Return on Assets (ROA) was -6.2 %, which can be considered poor and Return on Equity (ROE) was -7.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78.4 %, 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. IE HOLDING, HIRTSHALS A/S's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.