Swifters IVS — Credit Rating and Financial Key Figures

Swifters IVS (CVR number: 38181033) is a company from KØBENHAVN. The company recorded a gross profit of 214 kDKK in 2018. The operating profit was 7.9 kDKK, while net earnings were 0.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.8 %, which can be considered good but Return on Equity (ROE) was 2.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 51 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Swifters IVS's liquidity measured by quick ratio was 2 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.