Sports Innovation A/S — Credit Rating and Financial Key Figures

CVR number: 37851191
Vimmelskaftet 49, 1161 København K
mo@powermediagroup.dk
tel: 51321776

Company information

Official name
Sports Innovation A/S
Personnel
3 persons
Established
2016
Company form
Limited company
Industry

About Sports Innovation A/S

Sports Innovation A/S (CVR number: 37851191) is a company from KØBENHAVN. The company recorded a gross profit of 886.6 kDKK in 2024. The operating profit was -309.6 kDKK, while net earnings were -764.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.9 %, which can be considered poor and Return on Equity (ROE) was -30.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -20.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Sports Innovation A/S's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit313.94765.221 081.92405.08886.61
EBIT-1 210.46- 405.17101.07- 969.96- 309.56
Net earnings- 980.00- 340.9553.93- 789.26- 764.41
Shareholders equity total- 197.68- 538.63- 484.70-1 273.96- 674.61
Balance sheet total (assets)1 317.911 166.431 951.372 362.082 590.05
Net debt358.3858.93- 218.3576.20-0.68
Profitability
EBIT-%
ROA-47.6 %-25.0 %5.1 %-31.8 %-8.9 %
ROE-74.5 %-27.4 %3.5 %-36.6 %-30.9 %
ROI-103.8 %-119.3 %39.6 %-232.0 %-60.1 %
Economic value added (EVA)- 935.30- 334.0196.47- 742.36- 175.19
Solvency
Equity ratio-13.0 %-31.6 %-19.9 %-35.0 %-20.7 %
Gearing-206.9 %-16.1 %-17.8 %-30.3 %-40.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.80.90.70.8
Current ratio0.90.80.90.70.8
Cash and cash equivalents50.5927.54304.82310.27272.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBCB

Variable visualization

ROA:-8.90%
Rating: 11/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-20.7%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer
Board member

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