Envirogy Innovations ApS — Credit Rating and Financial Key Figures

Envirogy Innovations ApS (CVR number: 39382776) is a company from NYBORG. The company recorded a gross profit of 1353.9 kDKK in 2023. The operating profit was 981.1 kDKK, while net earnings were 952.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 45.9 %, which can be considered excellent and Return on Equity (ROE) was 114.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -42.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Envirogy Innovations ApS's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.