Dansk E-Cigaret IVS — Credit Rating and Financial Key Figures

Dansk E-Cigaret IVS (CVR number: 39721589) is a company from KØBENHAVN. The company recorded a gross profit of 105 kDKK in 2020. The operating profit was 105 kDKK, while net earnings were 81.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 70.3 %, which can be considered excellent and Return on Equity (ROE) was 158.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -47.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Dansk E-Cigaret 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.