ChairCoverDK IVS — Credit Rating and Financial Key Figures

ChairCoverDK IVS (CVR number: 38521861) is a company from SLAGELSE. The company recorded a gross profit of 74.7 kDKK in 2020. The operating profit was 61.8 kDKK, while net earnings were 31.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 62.6 %, which can be considered excellent and Return on Equity (ROE) was 57.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.4 %, 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. ChairCoverDK IVS's liquidity measured by quick ratio was 2.6 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.