Springers IVS — Credit Rating and Financial Key Figures

Springers IVS (CVR number: 37764183) is a company from MARIAGERFJORD. The company recorded a gross profit of 46.9 kDKK in 2018, demonstrating a growth of 871 % compared to the previous year. The operating profit was 46.5 kDKK, while net earnings were 35.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 34.5 %, which can be considered excellent and Return on Equity (ROE) was 42.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -31.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Springers IVS's liquidity measured by quick ratio was 2.7 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.