JSBG Drift IVS — Credit Rating and Financial Key Figures

JSBG Drift IVS (CVR number: 38689339) is a company from FREDERICIA. The company reported a net sales of 0.2 mDKK in 2018. The operating profit percentage was at 28.2 % (EBIT: 0 mDKK), while net earnings were 45.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 227.1 %, which can be considered excellent and Return on Equity (ROE) was 1975.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 9.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. JSBG Drift IVS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.