INNOVATE CONSULT ApS — Credit Rating and Financial Key Figures

INNOVATE CONSULT ApS (CVR number: 30690125) is a company from ODENSE. The company reported a net sales of 0.4 mDKK in 2023, demonstrating a growth of 73.5 % compared to the previous year. The operating profit percentage was at 106.1 % (EBIT: 0.4 mDKK), while net earnings were 567 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.5 %, which can be considered excellent and Return on Equity (ROE) was 22.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 73.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. INNOVATE CONSULT ApS's liquidity measured by quick ratio was 10.4 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.