InnoNovel A/S — Credit Rating and Financial Key Figures

InnoNovel A/S (CVR number: 40527761) is a company from AALBORG. The company recorded a gross profit of -9.3 kDKK in 2024. The operating profit was -9.3 kDKK, while net earnings were -295.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -44.3 %, which can be considered poor and Return on Equity (ROE) was -45.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 94.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. InnoNovel A/S's liquidity measured by quick ratio was 7.6 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.