INNOVATIVE BUSINESS SOFTWARE A/S — Credit Rating and Financial Key Figures

INNOVATIVE BUSINESS SOFTWARE A/S (CVR number: 71047318) is a company from KØBENHAVN. The company recorded a gross profit of 9598.3 kDKK in 2023. The operating profit was 8884.5 kDKK, while net earnings were 7030 kDKK. The profitability of the company measured by Return on Assets (ROA) was 44.2 %, which can be considered excellent and Return on Equity (ROE) was 156.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.1 %, 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. INNOVATIVE BUSINESS SOFTWARE A/S's liquidity measured by quick ratio was 1.5 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.