inQvation ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About inQvation ApS
inQvation ApS (CVR number: 37911488) is a company from Høje-Taastrup. The company recorded a gross profit of -4101.2 kDKK in 2024. The operating profit was -4101.2 kDKK, while net earnings were -42.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent but Return on Equity (ROE) was -67.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -8.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. inQvation ApS's liquidity measured by quick ratio was 44.1 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 | -2 978.91 | -1 319.81 | -1 890.24 | -5 602.21 | -4 101.19 |
EBIT | -14 668.58 | -13 643.49 | -7 841.31 | -5 611.33 | -4 101.19 |
Net earnings | -15 560.12 | -14 770.96 | -46 400.43 | -21 208.68 | -42 212.70 |
Shareholders equity total | 2 986.84 | 26 423.18 | -15 227.24 | 36 564.07 | -8 056.47 |
Balance sheet total (assets) | 107 061.67 | 137 648.72 | 125 066.11 | 117 155.52 | 87 860.31 |
Net debt | 92 844.71 | 96 443.35 | 137 091.10 | 78 465.16 | 94 740.63 |
Profitability | |||||
EBIT-% | |||||
ROA | -20.3 % | -9.6 % | 20.6 % | 16.8 % | 4.6 % |
ROE | -144.5 % | -100.4 % | -61.3 % | -26.2 % | -67.9 % |
ROI | -15.3 % | -10.2 % | -31.2 % | -13.0 % | -36.8 % |
Economic value added (EVA) | -17 042.10 | -17 643.77 | -14 290.66 | -11 735.13 | -9 905.22 |
Solvency | |||||
Equity ratio | 2.8 % | 19.2 % | -10.9 % | 31.2 % | -8.4 % |
Gearing | 3363.0 % | 383.0 % | -902.7 % | 217.0 % | -1176.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 1.2 | 9.0 | 17.6 | 44.1 |
Current ratio | 0.1 | 1.2 | 9.0 | 17.6 | 44.1 |
Cash and cash equivalents | 7 603.71 | 4 753.78 | 369.09 | 892.82 | 52.70 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB | BB |
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