WORLD WIDE INNOVATION ApS — Credit Rating and Financial Key Figures

WORLD WIDE INNOVATION ApS (CVR number: 29224382) is a company from HERNING. The company recorded a gross profit of -167.4 kDKK in 2023. The operating profit was -311.4 kDKK, while net earnings were 1901.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7 %, which can be considered decent and Return on Equity (ROE) was 5.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 88.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. WORLD WIDE INNOVATION ApS's liquidity measured by quick ratio was 9 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.