Splendour IVS — Credit Rating and Financial Key Figures

Splendour IVS (CVR number: 39701073) is a company from AARHUS. The company recorded a gross profit of -5.9 kDKK in 2020. The operating profit was -5.9 kDKK, while net earnings were -6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -50.4 %, which can be considered poor and Return on Equity (ROE) was -111.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 42.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Splendour IVS's liquidity measured by quick ratio was 1.8 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.