Black Square Møbler IVS — Credit Rating and Financial Key Figures

Black Square Møbler IVS (CVR number: 37145238) is a company from IKAST-BRANDE. The company recorded a gross profit of -36.2 kDKK in 2020, demonstrating a growth of 52.7 % compared to the previous year. The operating profit was -36.2 kDKK, while net earnings were -36.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -21.6 %, which can be considered poor and Return on Equity (ROE) was -66.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Black Square Møbler IVS's liquidity measured by quick ratio was 33.1 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.