Innovater REC Herning ApS — Credit Rating and Financial Key Figures

Innovater REC Herning ApS (CVR number: 40311319) is a company from AARHUS. The company recorded a gross profit of -10.5 kDKK in 2022. The operating profit was -10.5 kDKK, while net earnings were -13.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -24.2 %, which can be considered poor and Return on Equity (ROE) was -57.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 45.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Innovater REC Herning 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.