CrossKompagniet IVS — Credit Rating and Financial Key Figures

CrossKompagniet IVS (CVR number: 38483560) is a company from RANDERS. The company recorded a gross profit of 320 kDKK in 2018. The operating profit was 23 kDKK, while net earnings were 12.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.3 %, which can be considered good but Return on Equity (ROE) was 19.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31.7 %, 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. CrossKompagniet IVS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.