IP BILER ApS — Credit Rating and Financial Key Figures

IP BILER ApS (CVR number: 29140065) is a company from HORSENS. The company recorded a gross profit of 45.9 kDKK in 2018. The operating profit was -63.8 kDKK, while net earnings were -62.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.3 %, which can be considered poor and Return on Equity (ROE) was -19.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68.2 %, 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. IP BILER ApS's liquidity measured by quick ratio was 2.6 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.