Jazz Skate Co CPH IVS — Credit Rating and Financial Key Figures

Jazz Skate Co CPH IVS (CVR number: 40035761) is a company from KØBENHAVN. The company recorded a gross profit of -10.9 kDKK in 2020, demonstrating a decline of -29.1 % compared to the previous year. The operating profit was -16.2 kDKK, while net earnings were -16.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -423.8 %, which can be considered poor and Return on Equity (ROE) was -497.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 61.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Jazz Skate Co CPH IVS's liquidity measured by quick ratio was 2.6 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.