INNOVATIONS A/S — Credit Rating and Financial Key Figures

INNOVATIONS A/S (CVR number: 28124996) is a company from GENTOFTE. The company recorded a gross profit of -199 kDKK in 2023. The operating profit was -3687.8 kDKK, while net earnings were 10.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent and Return on Equity (ROE) was 4.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 75.6 %, 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. INNOVATIONS A/S's liquidity measured by quick ratio was 3.8 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.