INNOCARE ApS

INNOCARE ApS (CVR number: 31751888) is a company from HOLSTEBRO. The company recorded a gross profit of 137.2 kDKK in 2023. The operating profit was 137.2 kDKK, while net earnings were 116.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.5 %, which can be considered good but Return on Equity (ROE) was 67.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. INNOCARE ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.