INNOVAYT A/S — Credit Rating and Financial Key Figures

INNOVAYT A/S (CVR number: 29804370) is a company from FREDERIKSBERG. The company recorded a gross profit of 6079.2 kDKK in 2023. The operating profit was 805.7 kDKK, while net earnings were 679.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.6 %, which can be considered good but Return on Equity (ROE) was 17.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.3 %, 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. INNOVAYT A/S's liquidity measured by quick ratio was 1.8 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.