Selmas Bakken IVS — Credit Rating and Financial Key Figures

Selmas Bakken IVS (CVR number: 39357461) is a company from GENTOFTE. The company recorded a gross profit of 283.3 kDKK in 2018. The operating profit was 48.9 kDKK, while net earnings were -0.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 84.6 %, which can be considered excellent but Return on Equity (ROE) was -0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -0 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Selmas Bakken IVS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.