INOVENIT ApS — Credit Rating and Financial Key Figures

CVR number: 35822992
Værkstedsvej 17, 4600 Køge
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Company information

Official name
INOVENIT ApS
Established
2014
Company form
Private limited company
Industry

About INOVENIT ApS

INOVENIT ApS (CVR number: 35822992) is a company from KØGE. The company recorded a gross profit of 18.3 kDKK in 2023. The operating profit was 18.3 kDKK, while net earnings were 14 kDKK. The profitability of the company measured by Return on Assets (ROA) was 55.2 %, which can be considered excellent and Return on Equity (ROE) was 114.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. INOVENIT ApS's liquidity measured by quick ratio was 2.2 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit14.69157.2465.06-56.7118.27
EBIT-10.97138.3265.06-56.7118.27
Net earnings-8.55107.9149.13-45.5513.96
Shareholders equity total448.73556.63605.775.2219.17
Balance sheet total (assets)560.87792.56784.3031.1634.99
Net debt- 470.67- 578.04- 657.00-9.22-15.98
Profitability
EBIT-%
ROA-1.6 %20.4 %8.3 %-13.9 %55.2 %
ROE-1.9 %21.5 %8.5 %-14.9 %114.4 %
ROI-2.3 %25.9 %10.0 %-16.2 %135.4 %
Economic value added (EVA)-3.06109.5054.54-37.3514.53
Solvency
Equity ratio80.0 %70.2 %77.2 %16.7 %54.8 %
Gearing2.2 %9.7 %14.2 %49.8 %
Relative net indebtedness %
Liquidity
Quick ratio4.53.24.21.22.2
Current ratio4.83.44.41.22.2
Cash and cash equivalents480.38631.84742.8811.8215.98
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:55.2%
Rating: 97/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.8%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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