Joakim Lykke Holding IVS — Credit Rating and Financial Key Figures

Joakim Lykke Holding IVS (CVR number: 37051195) is a company from HERNING. The company recorded a gross profit of -5 kDKK in 2017. The operating profit was -5 kDKK, while net earnings were -651 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.1 %, which can be considered good but Return on Equity (ROE) was -443.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -71.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Joakim Lykke Holding IVS's liquidity measured by quick ratio was 4.4 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.