Farvel og tak IVS — Credit Rating and Financial Key Figures

Farvel og tak IVS (CVR number: 38914707) is a company from AARHUS. The company recorded a gross profit of 280.4 kDKK in 2020. The operating profit was 7.4 kDKK, while net earnings were 5.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak but Return on Equity (ROE) was 15 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Farvel og tak IVS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.