INNOVA MED A/S

INNOVA MED A/S (CVR number: 14867341) is a company from HØRSHOLM. The company recorded a gross profit of 26.7 kDKK in 2019. The operating profit was 26.7 kDKK, while net earnings were 104.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13 %, which can be considered good but Return on Equity (ROE) was 18.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.8 %, 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. INNOVA MED A/S's liquidity measured by quick ratio was 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.