Ignition ApS — Credit Rating and Financial Key Figures

Ignition ApS (CVR number: 38532359) is a company from VEJLE. The company recorded a gross profit of 9.6 kDKK in 2024. The operating profit was 7.7 kDKK, while net earnings were 4.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16 %, which can be considered excellent but Return on Equity (ROE) was 10.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 87 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Ignition ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.