ML Innovation ApS — Credit Rating and Financial Key Figures

ML Innovation ApS (CVR number: 39430150) is a company from Høje-Taastrup. The company recorded a gross profit of 422.7 kDKK in 2023. The operating profit was 354.8 kDKK, while net earnings were 489.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.1 %, which can be considered good but Return on Equity (ROE) was 20 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.5 %, 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. ML Innovation ApS's liquidity measured by quick ratio was 1.5 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.