Bug-Innovation ApS — Credit Rating and Financial Key Figures

Bug-Innovation ApS (CVR number: 39817322) is a company from HILLERØD. The company recorded a gross profit of 454.1 kDKK in 2023. The operating profit was 193.1 kDKK, while net earnings were 104.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 65.7 %, which can be considered excellent and Return on Equity (ROE) was 44.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42.9 %, 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. Bug-Innovation ApS's liquidity measured by quick ratio was 23.1 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.