Priority Construction IVS — Credit Rating and Financial Key Figures

Priority Construction IVS (CVR number: 40071229) is a company from VEJLE. The company recorded a gross profit of 2024.9 kDKK in 2019. The operating profit was -334.4 kDKK, while net earnings were -256.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -38 %, which can be considered poor and Return on Equity (ROE) was -41.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -29.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Priority Construction IVS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.