Circle Cake IVS — Credit Rating and Financial Key Figures

Circle Cake IVS (CVR number: 38479822) is a company from VALLENSBÆK. The company recorded a gross profit of 317.4 kDKK in 2018. The operating profit was -122.4 kDKK, while net earnings were -96.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -64 %, which can be considered poor and Return on Equity (ROE) was -105 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -30.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Circle Cake IVS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.