Handel2 IVS — Credit Rating and Financial Key Figures

Handel2 IVS (CVR number: 36736178) is a company from FREDERIKSSUND. The company recorded a gross profit of 497.5 kDKK in 2018. The operating profit was -137.6 kDKK, while net earnings were -118.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -57.7 %, which can be considered poor and Return on Equity (ROE) was -123.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -30.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Handel2 IVS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.