Innovation CPHsound Design Aps — Credit Rating and Financial Key Figures

Innovation CPHsound Design Aps (CVR number: 38839594) is a company from KØBENHAVN. The company recorded a gross profit of 33.3 kDKK in 2022. The operating profit was -325.8 kDKK, while net earnings were -328.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -52.9 %, which can be considered poor and Return on Equity (ROE) was -80.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.9 %, 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. Innovation CPHsound Design Aps's liquidity measured by quick ratio was 1.8 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.