CloudX IVS — Credit Rating and Financial Key Figures

CloudX IVS (CVR number: 38369415) is a company from KØBENHAVN. The company reported a net sales of 1.2 mDKK in 2019, demonstrating a decline of -37.2 % compared to the previous year. The operating profit percentage was at 44.7 % (EBIT: 0.5 mDKK), while net earnings were 424.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 83.7 %, which can be considered excellent and Return on Equity (ROE) was 104.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61.9 %, 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. CloudX IVS's liquidity measured by quick ratio was 2.6 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.