INNOVATION MIDTVEST A/S — Credit Rating and Financial Key Figures

INNOVATION MIDTVEST A/S (CVR number: 20732334) is a company from HERNING. The company recorded a gross profit of -33.9 kDKK in 2022. The operating profit was -33.9 kDKK, while net earnings were -27 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.3 %, which can be considered poor and Return on Equity (ROE) was -3.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 96.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. INNOVATION MIDTVEST A/S's liquidity measured by quick ratio was 27.5 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.