Paper Heaven IVS — Credit Rating and Financial Key Figures

Paper Heaven IVS (CVR number: 38481479) is a company from GENTOFTE. The company recorded a gross profit of -8.5 kDKK in 2019. The operating profit was -34.9 kDKK, while net earnings were -35.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -113.8 %, which can be considered poor and Return on Equity (ROE) was -146.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 85.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Paper Heaven IVS's liquidity measured by quick ratio was 7 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.