Innoflex A/S — Credit Rating and Financial Key Figures

Innoflex A/S (CVR number: 38649779) is a company from AALBORG. The company recorded a gross profit of 92.9 kDKK in 2018. The operating profit was 14.1 kDKK, while net earnings were 10 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak and Return on Equity (ROE) was 2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 67.8 %, 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. Innoflex A/S's liquidity measured by quick ratio was 1.9 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.