42 INNOVATION ApS — Credit Rating and Financial Key Figures

CVR number: 19507041
Kettebakken 11, 2942 Skodsborg

Credit rating

Company information

Official name
42 INNOVATION ApS
Established
1996
Company form
Private limited company
Industry
  • Expand more icon621000

About 42 INNOVATION ApS

42 INNOVATION ApS (CVR number: 19507041) is a company from RUDERSDAL. The company recorded a gross profit of 0 kDKK in 2024. The operating profit was 0 kDKK, while net earnings were 904 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36.4 %, which can be considered excellent and Return on Equity (ROE) was 37.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 98.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. 42 INNOVATION ApS's liquidity measured by quick ratio was 56.3 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit
EBIT
Net earnings45.28380.38- 103.03591.42903.97
Shareholders equity total1 117.011 497.391 394.361 985.772 889.74
Balance sheet total (assets)1 308.681 579.531 481.742 111.582 929.18
Net debt-1 242.79-1 496.76-1 404.98-2 016.08-2 148.33
Profitability
EBIT-%
ROA8.7 %26.8 %3.2 %33.2 %36.4 %
ROE4.1 %29.1 %-7.1 %35.0 %37.1 %
ROI10.3 %28.7 %3.3 %35.3 %37.6 %
Economic value added (EVA)10.489.593.233.804.79
Solvency
Equity ratio85.4 %94.8 %94.1 %94.0 %98.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio6.516.216.356.3
Current ratio6.516.216.356.3
Cash and cash equivalents1 242.791 496.761 404.982 016.082 148.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:36.4%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.7%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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