BINNOVATION ApS — Credit Rating and Financial Key Figures

BINNOVATION ApS (CVR number: 33060866) is a company from HERNING. The company recorded a gross profit of 951.7 kDKK in 2024. The operating profit was -161.1 kDKK, while net earnings were -170 kDKK. The profitability of the company measured by Return on Assets (ROA) was -42.4 %, which can be considered poor and Return on Equity (ROE) was -90 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -22.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. BINNOVATION ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.