INNOVATER REC N1 A/S — Credit Rating and Financial Key Figures

INNOVATER REC N1 A/S (CVR number: 35520929) is a company from AARHUS. The company recorded a gross profit of -30.2 kDKK in 2020. The operating profit was -30.2 kDKK, while net earnings were 48 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak and Return on Equity (ROE) was 2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. INNOVATER REC N1 A/S's liquidity measured by quick ratio was 94.6 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.