ICOTERA A/S

ICOTERA A/S (CVR number: 33860625) is a company from BRØNDBY. The company recorded a gross profit of 61.5 mDKK in 2023. The operating profit was 19.3 mDKK, while net earnings were 17.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11 %, which can be considered good and Return on Equity (ROE) was 14.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 28.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. ICOTERA A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.