Innovate More ApS

Innovate More ApS (CVR number: 43098330) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 970 kDKK in 2023. The operating profit was 320.5 kDKK, while net earnings were 250.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 62.5 %, which can be considered excellent and Return on Equity (ROE) was 72.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.6 %, 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. Innovate More ApS's liquidity measured by quick ratio was 2.8 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.