Renowned & Co IVS — Credit Rating and Financial Key Figures

Renowned & Co IVS (CVR number: 39375133) is a company from KØBENHAVN. The company recorded a gross profit of 10.4 kDKK in 2019. The operating profit was 9.2 kDKK, while net earnings were -2.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak but Return on Equity (ROE) was -2.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 67.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Renowned & Co IVS's liquidity measured by quick ratio was 3.1 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.