INNOTECH SOLUTIONS ApS

CVR number: 36416483
Niels Ebbesens Vej 1, 7100 Vejle
abs@inno-tech.dk
tel: 61605111
www.inno-tech.dk

Credit rating

Company information

Official name
INNOTECH SOLUTIONS ApS
Established
2014
Company form
Private limited company
Industry
  • Expand more icon62Computer programming, consultancy and related activities

About the company

INNOTECH SOLUTIONS ApS (CVR number: 36416483) is a company from VEJLE. The company recorded a gross profit of 1323.6 kDKK in 2022. The operating profit was 254.1 kDKK, while net earnings were 147.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.5 %, which can be considered excellent but Return on Equity (ROE) was 10.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 84.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. INNOTECH SOLUTIONS ApS's liquidity measured by quick ratio was 6.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20182019202020212022
Volume
Net sales
Gross profit1 044.011 073.281 035.551 037.291 323.64
EBIT423.26400.78324.60372.90254.10
Net earnings270.85341.81330.88311.11147.12
Shareholders equity total735.48969.291 189.571 387.681 420.40
Balance sheet total (assets)888.201 144.351 525.891 673.071 684.75
Net debt- 619.69- 973.56-1 484.71-1 499.53-1 087.41
Profitability
EBIT-%
ROA53.6 %43.2 %32.4 %25.7 %18.5 %
ROE41.5 %40.1 %30.7 %24.1 %10.5 %
ROI66.1 %51.5 %40.1 %31.9 %22.2 %
Economic value added (EVA)325.87306.55251.93303.06198.94
Solvency
Equity ratio82.8 %84.7 %78.0 %82.9 %84.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio5.76.25.77.86.2
Current ratio5.76.25.77.86.2
Cash and cash equivalents619.69973.561 484.711 499.531 087.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:18.5%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.3%
Rating: 64/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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