readthelips IVS — Credit Rating and Financial Key Figures

CVR number: 37416967
Otte Ruds Gade 25, 8200 Aarhus N
hcjacobsen@gmail.com
tel: 20745514

Credit rating

Company information

Official name
readthelips IVS
Established
2016
Company form
Entrepreneurial limited company
Industry
  • Expand more icon74Other professional, scientific and technical activities

About readthelips IVS

readthelips IVS (CVR number: 37416967) is a company from AARHUS. The company reported a net sales of 0 mDKK in 2020, demonstrating a decline of 0 % compared to the previous year. The operating profit percentage was at 100 % (EBIT: 0 mDKK), while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered poor and Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 0 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. readthelips IVS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
2019
2020
Volume
Net sales28.8446.8316.750.000.00
Gross profit53.1894.14-6.810.000.00
EBIT77.5394.14-6.810.000.00
Net earnings77.5394.14-6.810.000.00
Shareholders equity total9.32
Balance sheet total (assets)9.32
Net debt
Profitability
EBIT-%268.8 %201.0 %-40.7 %100.0 %100.0 %
ROA1009.6 %-146.1 %
ROE1009.6 %-146.1 %
ROI1009.6 %-146.1 %
Economic value added (EVA)77.5394.14-7.280.000.00
Solvency
Equity ratio100.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio
Current ratio
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingCBCCC

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