Velour Logic IVS — Credit Rating and Financial Key Figures

Velour Logic IVS (CVR number: 39250616) is a company from BALLERUP. The company reported a net sales of 0 mDKK in 2020, demonstrating a decline of -67.5 % compared to the previous year. The operating profit percentage was at 38.7 % (EBIT: 0 mDKK), while net earnings were 6.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18 %, which can be considered excellent and Return on Equity (ROE) was 21.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.1 %, 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. Velour Logic IVS's liquidity measured by quick ratio was 4.2 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.