Testamente Rådgivning IVS — Credit Rating and Financial Key Figures

Testamente Rådgivning IVS (CVR number: 38926578) is a company from GRIBSKOV. The company recorded a gross profit of 23.4 kDKK in 2020. The operating profit was 23.4 kDKK, while net earnings were 8.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 56.8 %, which can be considered excellent and Return on Equity (ROE) was 149.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 16.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Testamente Rådgivning IVS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.