INNOVATER REC 1 A/S — Credit Rating and Financial Key Figures

INNOVATER REC 1 A/S (CVR number: 34724423K) is a company from AARHUS. The company recorded a gross profit of 521.6 kDKK in 2017. The operating profit was 521.6 kDKK, while net earnings were 481.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak but Return on Equity (ROE) was 77.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.3 %, 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. INNOVATER REC 1 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.