Solid Grounds IVS — Credit Rating and Financial Key Figures

Solid Grounds IVS (CVR number: 39407590) is a company from KØBENHAVN. The company reported a net sales of 0.3 mDKK in 2020, demonstrating a growth of 35.4 % compared to the previous year. The operating profit percentage was at 70.9 % (EBIT: 0.2 mDKK), while net earnings were 181.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 364.5 %, which can be considered excellent and Return on Equity (ROE) was 635.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -48.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Solid Grounds IVS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.