INNOVADENT ApS — Credit Rating and Financial Key Figures

INNOVADENT ApS (CVR number: 27029035) is a company from ODENSE. The company recorded a gross profit of 1063.9 kDKK in 2023. The operating profit was 154.1 kDKK, while net earnings were 114.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.1 %, which can be considered excellent and Return on Equity (ROE) was 19.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.2 %, 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. INNOVADENT ApS's liquidity measured by quick ratio was 2 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.