Raven's Crochet IVS — Credit Rating and Financial Key Figures

Raven's Crochet IVS (CVR number: 38373137) is a company from HERNING. The company recorded a gross profit of 33.1 kDKK in 2020. The operating profit was -3.5 kDKK, while net earnings were -5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17 %, which can be considered poor and Return on Equity (ROE) was -39.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 46.9 %, 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. Raven's Crochet IVS's liquidity measured by quick ratio was 1.9 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.