INNOMED INNOVATION MEDICAL ApS — Credit Rating and Financial Key Figures

CVR number: 25139356
Havnegade 18 A, 9850 Hirtshals
innomed@innomed.dk
tel: 70234284

Company information

Official name
INNOMED INNOVATION MEDICAL ApS
Personnel
3 persons
Established
1999
Company form
Private limited company
Industry

About INNOMED INNOVATION MEDICAL ApS

INNOMED INNOVATION MEDICAL ApS (CVR number: 25139356) is a company from HJØRRING. The company recorded a gross profit of 249.6 kDKK in 2024. The operating profit was 88.3 kDKK, while net earnings were 64.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.8 %, which can be considered decent but Return on Equity (ROE) was 20.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.9 %, 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. INNOMED INNOVATION MEDICAL ApS's liquidity measured by quick ratio was 0.9 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 profit420.20239.65179.77305.25249.59
EBIT206.8825.91-33.35124.2088.34
Net earnings157.724.30-41.3097.2164.82
Shareholders equity total218.18222.48181.18278.39343.22
Balance sheet total (assets)1 124.421 246.351 157.051 214.381 043.04
Net debt-47.38210.39- 197.8115.55- 181.78
Profitability
EBIT-%
ROA16.1 %2.2 %-2.8 %10.6 %7.8 %
ROE42.7 %2.0 %-20.5 %42.3 %20.9 %
ROI53.4 %7.5 %-10.7 %52.4 %27.5 %
Economic value added (EVA)140.1811.62-44.2499.1154.63
Solvency
Equity ratio19.4 %17.9 %15.7 %22.9 %32.9 %
Gearing16.5 %97.1 %0.8 %6.7 %0.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.80.80.90.9
Current ratio1.21.21.21.31.5
Cash and cash equivalents83.275.73199.222.98183.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:7.83%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.9%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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