INNOVATIVE SUSPENSIONS ApS
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 994.57 | 859.68 | 1 068.12 | 1 024.65 | 990.43 |
EBIT | 596.54 | 36.17 | 255.03 | 122.50 | -54.36 |
Net earnings | 451.55 | 13.38 | 176.22 | 89.82 | -54.78 |
Shareholders equity total | 896.69 | 856.07 | 976.98 | 906.80 | 447.02 |
Balance sheet total (assets) | 1 597.26 | 1 402.75 | 1 268.30 | 1 064.00 | 621.77 |
Net debt | 327.00 | 115.09 | - 139.43 | - 147.37 | - 423.16 |
Profitability | |||||
EBIT-% | |||||
ROA | 52.3 % | 2.4 % | 19.1 % | 10.5 % | -6.4 % |
ROE | 64.7 % | 1.5 % | 19.2 % | 9.5 % | -8.1 % |
ROI | 68.0 % | 3.3 % | 26.1 % | 13.0 % | -8.0 % |
Economic value added (EVA) | 444.09 | -16.84 | 155.89 | 53.18 | -87.79 |
Solvency | |||||
Equity ratio | 56.1 % | 61.0 % | 77.0 % | 85.2 % | 71.9 % |
Gearing | 36.5 % | 13.4 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 0.0 | 0.5 | 1.0 | 2.5 |
Current ratio | 0.4 | 0.1 | 0.7 | 1.7 | 3.2 |
Cash and cash equivalents | 139.43 | 147.37 | 423.16 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | BB |
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