BINNOVATION HOLDING ApS — Credit Rating and Financial Key Figures

BINNOVATION HOLDING ApS (CVR number: 33060327) is a company from HERNING. The company recorded a gross profit of -7.6 kDKK in 2023. The operating profit was 307.6 kDKK, while net earnings were 458.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 111.8 %, which can be considered excellent and Return on Equity (ROE) was 111.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 85.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BINNOVATION HOLDING ApS's liquidity measured by quick ratio was 6.3 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.