Inovex ApS — Credit Rating and Financial Key Figures

Inovex ApS (CVR number: 39767961) is a company from RINGSTED. The company reported a net sales of 0.4 mDKK in 2018. The operating profit percentage was at 12.9 % (EBIT: 0 mDKK), while net earnings were 38.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 34.6 %, which can be considered excellent and Return on Equity (ROE) was 43.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Inovex ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.