INNOVATIVE SUSPENSIONS ApS

CVR number: 31187885
Spættevænget 8, Ejby 4623 Lille Skensved
tel: 40268102

Credit rating

Company information

Official name
INNOVATIVE SUSPENSIONS ApS
Personnel
1 person
Established
2008
Domicile
Ejby
Company form
Private limited company
Industry
  • Expand more icon45Wholesale and retail trade and repair of motor vehicles and motorcycles

About INNOVATIVE SUSPENSIONS ApS

INNOVATIVE SUSPENSIONS ApS (CVR number: 31187885) is a company from KØGE. The company recorded a gross profit of 990.4 kDKK in 2023. The operating profit was -54.4 kDKK, while net earnings were -54.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.4 %, which can be considered poor and Return on Equity (ROE) was -8.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71.9 %, 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. INNOVATIVE SUSPENSIONS ApS's liquidity measured by quick ratio was 2.5 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
20192020202120222023
Volume
Net sales
Gross profit994.57859.681 068.121 024.65990.43
EBIT596.5436.17255.03122.50-54.36
Net earnings451.5513.38176.2289.82-54.78
Shareholders equity total896.69856.07976.98906.80447.02
Balance sheet total (assets)1 597.261 402.751 268.301 064.00621.77
Net debt327.00115.09- 139.43- 147.37- 423.16
Profitability
EBIT-%
ROA52.3 %2.4 %19.1 %10.5 %-6.4 %
ROE64.7 %1.5 %19.2 %9.5 %-8.1 %
ROI68.0 %3.3 %26.1 %13.0 %-8.0 %
Economic value added (EVA)444.09-16.84155.8953.18-87.79
Solvency
Equity ratio56.1 %61.0 %77.0 %85.2 %71.9 %
Gearing36.5 %13.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.00.51.02.5
Current ratio0.40.10.71.73.2
Cash and cash equivalents139.43147.37423.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-6.45%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.9%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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