INNOVATER A/S — Credit Rating and Financial Key Figures

INNOVATER A/S (CVR number: 30517075K) is a company from AARHUS. The company recorded a gross profit of 76.5 mDKK in 2022. The operating profit was 45 mDKK, while net earnings were 43.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent but Return on Equity (ROE) was 22.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. INNOVATER A/S'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.