Kanadevia Inova Denmark A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Kanadevia Inova Denmark A/S
Kanadevia Inova Denmark A/S (CVR number: 39134268) is a company from VEJEN. The company reported a net sales of 734.4 mDKK in 2024, demonstrating a growth of 6.3 % compared to the previous year. The operating profit percentage was at 10.3 % (EBIT: 75.4 mDKK), while net earnings were 57.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 30.1 %, which can be considered excellent and Return on Equity (ROE) was 40.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.2 %, 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. Kanadevia Inova Denmark A/S'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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 116.64 | 183.87 | 510.17 | 690.73 | 734.40 |
Gross profit | 40.76 | 69.77 | 161.80 | 246.56 | 274.34 |
EBIT | 5.74 | 21.51 | 55.58 | 108.26 | 75.45 |
Net earnings | 3.90 | 15.57 | 41.59 | 84.77 | 57.51 |
Shareholders equity total | 19.50 | 35.07 | 76.66 | 161.13 | 125.40 |
Balance sheet total (assets) | 43.68 | 73.79 | 189.98 | 294.96 | 229.61 |
Net debt | -37.45 | -41.53 | |||
Profitability | |||||
EBIT-% | 4.9 % | 11.7 % | 10.9 % | 15.7 % | 10.3 % |
ROA | 13.5 % | 36.6 % | 42.1 % | 45.2 % | 30.1 % |
ROE | 22.6 % | 57.1 % | 74.4 % | 71.3 % | 40.1 % |
ROI | 18.2 % | 36.6 % | 42.1 % | 57.7 % | 46.4 % |
Economic value added (EVA) | 4.77 | 20.53 | 53.82 | 80.53 | 48.87 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 56.3 % | 60.2 % |
Gearing | 7.1 % | 1.5 % | |||
Relative net indebtedness % | 9.8 % | 6.6 % | |||
Liquidity | |||||
Quick ratio | 2.2 | 2.5 | |||
Current ratio | 2.4 | 2.4 | |||
Cash and cash equivalents | 48.87 | 43.40 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 41.5 | 45.1 | |||
Net working capital % | 23.6 % | 17.1 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AA | AA |
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