Smag På Livet IVS — Credit Rating and Financial Key Figures

Smag På Livet IVS (CVR number: 38385240) is a company from AALBORG. The company recorded a gross profit of -1.4 kDKK in 2020, demonstrating a growth of 64.6 % compared to the previous year. The operating profit was -1.4 kDKK, while net earnings were -1.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.8 %, which can be considered poor and Return on Equity (ROE) was -9.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -14.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Smag På Livet IVS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.