H&L Rengøring / IVS — Credit Rating and Financial Key Figures

H&L Rengøring / IVS (CVR number: 39012537) is a company from NORDDJURS. The company reported a net sales of -0.1 mDKK in 2019, demonstrating a growth of -48.6 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: 0 mDKK), while net earnings were 15.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 90.4 %, which can be considered excellent and Return on Equity (ROE) was 108 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 84.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. H&L Rengøring / IVS's liquidity measured by quick ratio was -4.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.