RUNNING NORTH IVS — Credit Rating and Financial Key Figures

RUNNING NORTH IVS (CVR number: 38441310) is a company from HELSINGØR. The company recorded a gross profit of -12.3 kDKK in 2018. The operating profit was -12.3 kDKK, while net earnings were -10.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -114.7 %, which can be considered poor and Return on Equity (ROE) was -179.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -37.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. RUNNING NORTH 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.