Innovator Group ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Innovator Group ApS
Innovator Group ApS (CVR number: 36694475) is a company from NÆSTVED. The company recorded a gross profit of -12.1 kDKK in 2023. The operating profit was -12.1 kDKK, while net earnings were -13.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.1 %, which can be considered poor and Return on Equity (ROE) was -13.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -6.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Innovator Group ApS'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 | -16.04 | -1.74 | -12.14 | ||
EBIT | -16.04 | -1.74 | -12.14 | ||
Net earnings | -3.44 | -16.26 | -1.82 | -13.75 | |
Shareholders equity total | -15.47 | 18.97 | 2.71 | 0.89 | -12.86 |
Balance sheet total (assets) | 3.85 | 116.64 | 176.40 | 185.27 | 198.93 |
Net debt | -0.14 | 81.51 | 80.26 | 161.40 | 179.08 |
Profitability | |||||
EBIT-% | |||||
ROA | -10.9 % | -1.0 % | -6.1 % | ||
ROE | -32.9 % | -150.0 % | -101.3 % | -13.8 % | |
ROI | -17.5 % | -1.4 % | -7.1 % | ||
Economic value added (EVA) | 0.60 | 0.78 | -14.97 | 0.13 | -10.18 |
Solvency | |||||
Equity ratio | -80.1 % | 16.3 % | 1.5 % | 0.5 % | -6.1 % |
Gearing | 431.1 % | 2960.2 % | 18175.1 % | -1393.5 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.8 | 0.8 | 0.8 | 0.8 |
Current ratio | 0.2 | 0.8 | 0.8 | 0.8 | 0.8 |
Cash and cash equivalents | 0.14 | 0.27 | 0.03 | 0.11 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | B | BB | B |
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