Vovve Holding ApS — Credit Rating and Financial Key Figures

Vovve Holding ApS (CVR number: 37420522) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of -22.2 kDKK in 2022. The operating profit was -22.2 kDKK, while net earnings were -710.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -41 %, which can be considered poor and Return on Equity (ROE) was -52.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.6 %, 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. Vovve Holding ApS's liquidity measured by quick ratio was 1.8 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.