INOVO A/S — Credit Rating and Financial Key Figures

INOVO A/S (CVR number: 35874909) is a company from AARHUS. The company recorded a gross profit of 678.9 kDKK in 2020. The operating profit was 404.4 kDKK, while net earnings were 309.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 47.9 %, which can be considered excellent and Return on Equity (ROE) was 143 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.9 %, 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. INOVO A/S's liquidity measured by quick ratio was 12.3 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.