INNOVATIONS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About INNOVATIONS A/S
INNOVATIONS A/S (CVR number: 28124996) is a company from GENTOFTE. The company recorded a gross profit of -1243 kDKK in 2024. The operating profit was -5818.4 kDKK, while net earnings were 21.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good and Return on Equity (ROE) was 9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 82.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. INNOVATIONS A/S's liquidity measured by quick ratio was 5.2 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -2 083.33 | -1 608.35 | - 962.26 | - 199.03 | -1 243.00 |
EBIT | -5 790.38 | -5 923.10 | -4 708.49 | -3 687.84 | -5 818.37 |
Net earnings | 5 673.47 | 37 611.74 | -29 462.51 | 10 636.77 | 21 812.99 |
Shareholders equity total | 257 429.74 | 293 041.48 | 261 578.97 | 237 215.74 | 249 028.73 |
Balance sheet total (assets) | 272 397.72 | 334 444.27 | 321 705.93 | 313 580.95 | 303 355.90 |
Net debt | - 232 546.98 | - 273 664.29 | - 235 527.18 | - 189 613.32 | - 221 098.55 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.2 % | 16.3 % | 1.3 % | 4.4 % | 8.3 % |
ROE | 2.2 % | 13.7 % | -10.6 % | 4.3 % | 9.0 % |
ROI | 3.2 % | 16.4 % | 1.3 % | 4.4 % | 8.3 % |
Economic value added (EVA) | -18 057.23 | -18 221.54 | -21 368.69 | -19 871.17 | -21 446.99 |
Solvency | |||||
Equity ratio | 94.5 % | 87.6 % | 81.3 % | 75.6 % | 82.1 % |
Gearing | 5.2 % | 13.1 % | 22.9 % | 32.0 % | 21.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 18.2 | 8.0 | 5.3 | 3.8 | 5.2 |
Current ratio | 18.2 | 8.0 | 5.3 | 3.8 | 5.2 |
Cash and cash equivalents | 245 856.17 | 312 056.88 | 295 370.92 | 265 629.92 | 274 902.81 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | A | A |
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