Elming Retail Solutions IVS — Credit Rating and Financial Key Figures

Elming Retail Solutions IVS (CVR number: 39829045) is a company from SKANDERBORG. The company recorded a gross profit of -15.1 kDKK in 2019, demonstrating a decline of 0 % compared to the previous year. The operating profit was -15.1 kDKK, while net earnings were -15.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18.8 %, which can be considered poor and Return on Equity (ROE) was -54 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 21.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Elming Retail Solutions IVS's liquidity measured by quick ratio was 1.3 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.