FONDEN HOUSE OF INNOVATION — Credit Rating and Financial Key Figures

FONDEN HOUSE OF INNOVATION (CVR number: 29689172) is a company from KOLDING. The company recorded a gross profit of -88 kDKK in 2023. The operating profit was -88 kDKK, while net earnings were 74.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.7 %, which can be considered poor but Return on Equity (ROE) was 15.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FONDEN HOUSE OF INNOVATION's liquidity measured by quick ratio was 2.4 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.