Innovation Bornholm A/S — Credit Rating and Financial Key Figures

Innovation Bornholm A/S (CVR number: 33880626) is a company from BORNHOLMS REGIONSKOMMUNE. The company recorded a gross profit of -4459.2 kDKK in 2016. The operating profit was -4966.6 kDKK, while net earnings were -5364.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -36.1 %, which can be considered poor and Return on Equity (ROE) was -124.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 31.4 %, 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. Innovation Bornholm A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.