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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 -4.1 kDKK in 2024. The operating profit was -4.1 kDKK, while net earnings were -29.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak but Return on Equity (ROE) was -14.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -18.6 %. 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 0.7 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -16.04 | -1.74 | -12.14 | -4.11 | |
| EBIT | -16.04 | -1.74 | -12.14 | -4.11 | |
| Net earnings | -16.26 | -1.82 | -13.75 | -29.14 | |
| Shareholders equity total | 18.97 | 2.71 | 0.89 | -12.86 | -46.37 |
| Balance sheet total (assets) | 116.64 | 176.40 | 185.27 | 198.93 | 202.90 |
| Net debt | 81.51 | 80.26 | 161.40 | 179.08 | 184.08 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -10.9 % | -1.0 % | -6.1 % | 1.9 % | |
| ROE | -150.0 % | -101.3 % | -13.8 % | -14.5 % | |
| ROI | -17.5 % | -1.4 % | -7.1 % | 2.5 % | |
| Economic value added (EVA) | 0.78 | -21.10 | -5.91 | -20.30 | -12.46 |
| Solvency | |||||
| Equity ratio | 16.3 % | 1.5 % | 0.5 % | -6.1 % | -18.6 % |
| Gearing | 431.1 % | 2960.2 % | 18175.1 % | -1393.5 % | -397.0 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.8 | 0.8 | 0.8 | 0.8 | 0.7 |
| Current ratio | 0.8 | 0.8 | 0.8 | 0.8 | 0.7 |
| Cash and cash equivalents | 0.27 | 0.03 | 0.11 | ||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BB |
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