Scandinavien Sport & Event IVS — Credit Rating and Financial Key Figures

Scandinavien Sport & Event IVS (CVR number: 36940662) is a company from HERNING. The company reported a net sales of 0.1 mDKK in 2016. The operating profit percentage was at 13.8 % (EBIT: 0 mDKK), while net earnings were 13.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29 %, which can be considered excellent and Return on Equity (ROE) was 100 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Scandinavien Sport & Event IVS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.