WE ARE THE FACES IVS — Credit Rating and Financial Key Figures

WE ARE THE FACES IVS (CVR number: 36061553) is a company from KØBENHAVN. The company recorded a gross profit of 4.6 kDKK in 2019. The operating profit was 17.2 kDKK, while net earnings were 17.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 144.3 %, which can be considered excellent and Return on Equity (ROE) was 554.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 0 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. WE ARE THE FACES IVS's liquidity measured by quick ratio was 0 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.