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

INNOVATION SUPPORT A/S (CVR number: 36423641) is a company from HERLEV. The company recorded a gross profit of 473.1 kDKK in 2023. The operating profit was 164.3 kDKK, while net earnings were 161.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent but Return on Equity (ROE) was 21.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.6 %, 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. INNOVATION SUPPORT A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.