KORK IVS — Credit Rating and Financial Key Figures

KORK IVS (CVR number: 36546646) is a company from FREDERIKSBERG. The company recorded a gross profit of -2.6 kDKK in 2018. The operating profit was -2.6 kDKK, while net earnings were -2.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.1 %, which can be considered poor and Return on Equity (ROE) was -20.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. KORK IVS's liquidity measured by quick ratio was 1.6 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.