THEOINNOVATION ApS — Credit Rating and Financial Key Figures

THEOINNOVATION ApS (CVR number: 27385370) is a company from KØBENHAVN. The company recorded a gross profit of 65.2 kDKK in 2017. The operating profit was 38.5 kDKK, while net earnings were 49 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.2 %, which can be considered excellent and Return on Equity (ROE) was 34.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -10.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. THEOINNOVATION ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.