INNOVATION LIVING A/S

INNOVATION LIVING A/S (CVR number: 65699516) is a company from RANDERS. The company recorded a gross profit of 47.3 mDKK in 2023. The operating profit was 17.5 mDKK, while net earnings were 13.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.7 %, which can be considered good but Return on Equity (ROE) was 30.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 92.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. INNOVATION LIVING A/S's liquidity measured by quick ratio was 4.5 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.