Incendo Holding ApS — Credit Rating and Financial Key Figures

Incendo Holding ApS (CVR number: 28488394K) is a company from AARHUS. The company recorded a gross profit of 122.1 mDKK in 2023. The operating profit was 75.7 mDKK, while net earnings were 63.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 32.4 %, which can be considered excellent and Return on Equity (ROE) was 30.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 79.4 %, 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. Incendo Holding ApS's liquidity measured by quick ratio was 3.1 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.