Crossfire Design IVS — Credit Rating and Financial Key Figures

Crossfire Design IVS (CVR number: 37901539) is a company from VARDE. The company reported a net sales of 0 mDKK in 2017. The operating profit percentage was at 9.8 % (EBIT: 0 mDKK), while net earnings were -0.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29 %, which can be considered excellent but Return on Equity (ROE) was -11.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73.7 %, 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. Crossfire Design IVS's liquidity measured by quick ratio was 3.8 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.