INNOTEC DANMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About INNOTEC DANMARK A/S
INNOTEC DANMARK A/S (CVR number: 26991765) is a company from AARHUS. The company recorded a gross profit of 8878.5 kDKK in 2023. The operating profit was -320.8 kDKK, while net earnings were -442.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3 %, which can be considered poor and Return on Equity (ROE) was -12.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58 %, 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. INNOTEC DANMARK A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 7 088.15 | 8 481.48 | 8 366.05 | 8 792.44 | 8 878.49 |
EBIT | 219.11 | 833.78 | 1 128.05 | 708.44 | - 320.77 |
Net earnings | 188.62 | 546.09 | 863.32 | 402.74 | - 442.77 |
Shareholders equity total | 4 372.86 | 2 618.95 | 3 482.27 | 3 885.01 | 3 442.23 |
Balance sheet total (assets) | 6 773.32 | 6 743.18 | 6 491.57 | 7 603.76 | 5 939.45 |
Net debt | 922.59 | 671.24 | - 248.61 | 564.11 | 26.02 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.4 % | 13.3 % | 18.1 % | 10.7 % | -3.0 % |
ROE | 4.4 % | 15.6 % | 28.3 % | 10.9 % | -12.1 % |
ROI | 6.9 % | 20.4 % | 33.6 % | 18.2 % | -5.0 % |
Economic value added (EVA) | -39.88 | 428.30 | 696.31 | 334.52 | - 465.84 |
Solvency | |||||
Equity ratio | 64.6 % | 38.8 % | 53.6 % | 51.1 % | 58.0 % |
Gearing | 21.1 % | 25.6 % | 2.1 % | 18.1 % | 4.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 0.7 | 0.9 | 0.9 | 0.8 |
Current ratio | 2.5 | 1.5 | 2.0 | 1.8 | 2.1 |
Cash and cash equivalents | 0.24 | 0.23 | 322.74 | 139.03 | 127.39 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | BBB |
Variable visualization
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