Innovater Rec 3 A/S — Credit Rating and Financial Key Figures

Innovater Rec 3 A/S (CVR number: 38566695) is a company from AARHUS. The company recorded a gross profit of -118.8 kDKK in 2020. The operating profit was -118.8 kDKK, while net earnings were -129 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.2 %, which can be considered poor and Return on Equity (ROE) was -11.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 86.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Innovater Rec 3 A/S's liquidity measured by quick ratio was 7.4 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.