Wavicon IVS — Credit Rating and Financial Key Figures

Wavicon IVS (CVR number: 39561999) is a company from VIBORG. The company reported a net sales of 0.1 mDKK in 2018. The operating profit percentage was at 6.1 % (EBIT: 0 mDKK), while net earnings were 0.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 183.6 %, which can be considered excellent and Return on Equity (ROE) was 46.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.3 %, 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. Wavicon IVS's liquidity measured by quick ratio was 2.2 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.