The Journal IVS — Credit Rating and Financial Key Figures

The Journal IVS (CVR number: 37396990) is a company from HELSINGØR. The company recorded a gross profit of 463.8 kDKK in 2019. The operating profit was 22.8 kDKK, while net earnings were 16 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.4 %, which can be considered excellent and Return on Equity (ROE) was 45.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33 %, 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. The Journal IVS's liquidity measured by quick ratio was 1.5 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.