EngedalTeknik IVS — Credit Rating and Financial Key Figures

EngedalTeknik IVS (CVR number: 37178381) is a company from AALBORG. The company recorded a gross profit of 189.4 kDKK in 2018. The operating profit was -54.3 kDKK, while net earnings were -57.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.8 %, which can be considered poor and Return on Equity (ROE) was -28.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -12.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. EngedalTeknik 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.