Innovator Q ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Innovator Q ApS
Innovator Q ApS (CVR number: 39938723) is a company from KØBENHAVN. The company recorded a gross profit of -72.3 kDKK in 2023. The operating profit was -75.1 kDKK, while net earnings were -31.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -47.2 %, which can be considered poor and Return on Equity (ROE) was -96.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 26.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Innovator Q ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 153.97 | 175.66 | |||
Gross profit | -17.43 | 60.73 | 41.51 | 184.10 | -72.34 |
EBIT | -55.08 | -0.62 | -69.25 | 173.28 | -75.15 |
Net earnings | -55.08 | -0.62 | -69.31 | 133.78 | -31.70 |
Shareholders equity total | -45.08 | -45.71 | -85.01 | 48.77 | 17.06 |
Balance sheet total (assets) | 22.09 | 66.20 | 24.41 | 255.17 | 63.42 |
Net debt | 47.16 | 28.80 | 40.34 | 115.43 | 9.89 |
Profitability | |||||
EBIT-% | -35.8 % | -0.4 % | |||
ROA | -82.0 % | -0.7 % | -62.4 % | 95.1 % | -47.2 % |
ROE | -249.4 % | -1.4 % | -153.0 % | 365.6 % | -96.3 % |
ROI | -84.7 % | -0.8 % | -86.5 % | 151.4 % | -67.5 % |
Economic value added (EVA) | -55.08 | 2.54 | -63.62 | 139.42 | -55.81 |
Solvency | |||||
Equity ratio | -67.1 % | -40.8 % | -77.7 % | 19.1 % | 26.9 % |
Gearing | -144.2 % | -207.9 % | -76.2 % | 236.7 % | 242.3 % |
Relative net indebtedness % | 32.0 % | 26.0 % | |||
Liquidity | |||||
Quick ratio | 0.3 | 0.6 | 0.2 | 1.2 | 1.4 |
Current ratio | 0.3 | 0.6 | 0.2 | 1.2 | 1.4 |
Cash and cash equivalents | 17.84 | 66.20 | 24.41 | 31.46 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 0.1 | ||||
Net working capital % | -29.3 % | -26.0 % | |||
Credit risk | |||||
Credit rating | B | BB | B | BB | BB |
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