H10 Innovation ApS — Credit Rating and Financial Key Figures

CVR number: 36913061
Kongefolden 6, Skanderborg Bakker 8660 Skanderborg
anjorg@gmail.com
tel: 25171765

Credit rating

Company information

Official name
H10 Innovation ApS
Established
2015
Domicile
Skanderborg Bakker
Company form
Private limited company
Industry

About H10 Innovation ApS

H10 Innovation ApS (CVR number: 36913061) is a company from SKANDERBORG. The company recorded a gross profit of 180.5 kDKK in 2024. The operating profit was 178 kDKK, while net earnings were 1148.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 77.9 %, which can be considered excellent and Return on Equity (ROE) was 96 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 95.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. H10 Innovation ApS's liquidity measured by quick ratio was 20.9 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-7.50-6.00-5.00-11.25180.53
EBIT-7.50-6.00-5.00-11.25177.97
Net earnings234.43255.89251.86330.291 148.14
Shareholders equity total210.96386.85558.71779.011 612.15
Balance sheet total (assets)681.97887.77916.361 417.291 693.34
Net debt-73.51- 236.45- 387.01- 649.05-1 649.07
Profitability
EBIT-%
ROA46.6 %34.8 %32.7 %33.1 %77.9 %
ROE182.1 %85.6 %53.3 %49.4 %96.0 %
ROI54.4 %38.9 %35.1 %35.5 %82.7 %
Economic value added (EVA)-21.54-34.64-44.54-52.5670.14
Solvency
Equity ratio30.9 %43.6 %61.0 %55.0 %95.2 %
Gearing182.6 %109.0 %55.9 %68.0 %0.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.52.12.020.9
Current ratio1.11.52.12.020.9
Cash and cash equivalents458.66658.24699.601 178.421 659.55
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:77.9%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.2%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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