TextZone IVS — Credit Rating and Financial Key Figures

TextZone IVS (CVR number: 37324213) is a company from SILKEBORG. The company recorded a gross profit of -3.5 kDKK in 2018. The operating profit was -6.2 kDKK, while net earnings were -5.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -33.6 %, which can be considered poor and Return on Equity (ROE) was -49 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 51.2 %, 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. TextZone 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.