Taste Sicily IVS

Taste Sicily IVS (CVR number: 39397846) is a company from HERNING. The company reported a net sales of 0 mDKK in 2019, demonstrating a growth of 159.6 % compared to the previous year. The operating profit percentage was at 34.9 % (EBIT: 0 mDKK), while net earnings were -9.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 169.9 %, which can be considered excellent but Return on Equity (ROE) was -382.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 77 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Taste Sicily 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.