Itido IVS — Credit Rating and Financial Key Figures

Itido IVS (CVR number: 39723085) is a company from MIDDELFART. The company recorded a gross profit of -15.7 kDKK in 2019. The operating profit was -15.7 kDKK, while net earnings were -15.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -27.3 %, which can be considered poor and Return on Equity (ROE) was -38.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -27.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Itido 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.