Rainmaking Innovation ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Rainmaking Innovation ApS
Rainmaking Innovation ApS (CVR number: 37288241) is a company from KØBENHAVN. The company recorded a gross profit of -1618 kDKK in 2024. The operating profit was -6367 kDKK, while net earnings were -5669.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -49.3 %, which can be considered poor and Return on Equity (ROE) was -154.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -83.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Rainmaking Innovation ApS's liquidity measured by quick ratio was 8.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 21 111.00 | 16 719.00 | 13 775.50 | 1 912.68 | -1 618.01 |
EBIT | 2 378.00 | 79.00 | - 289.50 | -6 792.68 | -6 366.97 |
Net earnings | 1 794.00 | 14.00 | 2 787.10 | -9 482.95 | -5 669.21 |
Shareholders equity total | 1 940.00 | 160.00 | 2 997.08 | -6 485.87 | -12 155.07 |
Balance sheet total (assets) | 12 464.00 | 9 432.00 | 11 294.73 | 4 909.79 | 2 435.31 |
Net debt | -1 722.00 | 208.00 | -3 648.07 | 6 002.41 | 12 965.88 |
Profitability | |||||
EBIT-% | |||||
ROA | 19.0 % | 0.7 % | 26.9 % | -59.8 % | -49.3 % |
ROE | 76.4 % | 1.3 % | 176.6 % | -239.9 % | -154.4 % |
ROI | 57.4 % | 2.4 % | 49.2 % | -78.0 % | -57.2 % |
Economic value added (EVA) | 1 733.28 | 92.92 | - 169.11 | -6 616.99 | -4 642.60 |
Solvency | |||||
Equity ratio | 15.6 % | 1.7 % | 47.7 % | -56.9 % | -83.3 % |
Gearing | 47.0 % | 1096.9 % | 0.2 % | -131.2 % | -107.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 1.1 | 3.9 | 2.2 | 8.9 |
Current ratio | 1.3 | 1.1 | 3.9 | 2.2 | 8.9 |
Cash and cash equivalents | 2 633.00 | 1 547.00 | 3 653.25 | 2 504.60 | 87.85 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | B | C |
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