INNOVASOL ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About INNOVASOL ApS
INNOVASOL ApS (CVR number: 32656846) is a company from AARHUS. The company recorded a gross profit of -13.3 kDKK in 2022. The operating profit was -13.3 kDKK, while net earnings were -42.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.6 %, which can be considered poor and Return on Equity (ROE) was -20.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -90.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. INNOVASOL ApS's liquidity measured by quick ratio was 29.3 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 financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -10.00 | -11.25 | -12.31 | -12.56 | -13.31 |
EBIT | -10.00 | -11.25 | -12.31 | -12.56 | -13.31 |
Net earnings | -91.34 | -65.44 | -81.27 | 108.54 | -42.23 |
Shareholders equity total | -1 321.48 | -1 386.92 | -1 468.19 | -1 359.64 | -1 401.88 |
Balance sheet total (assets) | 1 766.77 | 1 781.18 | 1 769.20 | 264.70 | 146.66 |
Net debt | -45.88 | 1 070.71 | -42.39 | -31.14 | |
Profitability | |||||
EBIT-% | |||||
ROA | -0.2 % | -0.4 % | -0.4 % | -7.1 % | -0.6 % |
ROE | -5.1 % | -3.7 % | -4.6 % | 10.7 % | -20.5 % |
ROI | -1.4 % | -0.7 % | -0.5 % | 6.0 % | -0.6 % |
Economic value added (EVA) | 52.59 | 59.16 | 62.40 | 61.00 | 60.07 |
Solvency | |||||
Equity ratio | -42.8 % | -43.8 % | -45.4 % | -83.7 % | -90.5 % |
Gearing | -75.2 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.0 | 0.1 | 0.1 | 52.9 | 29.3 |
Current ratio | 0.0 | 0.1 | 0.1 | 52.9 | 29.3 |
Cash and cash equivalents | 45.88 | 33.33 | 42.39 | 31.14 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | B | B |
Variable visualization
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