INNOVATIVE HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 10001110
Poul Bundgaards Vej 1, 2500 Valby

Company information

Official name
INNOVATIVE HOLDING A/S
Established
1999
Company form
Limited company
Industry

About INNOVATIVE HOLDING A/S

INNOVATIVE HOLDING A/S (CVR number: 10001110) is a company from KØBENHAVN. The company recorded a gross profit of 1379.1 kDKK in 2023. The operating profit was 1379.1 kDKK, while net earnings were 1328.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.7 %, which can be considered excellent and Return on Equity (ROE) was 26.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 98.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. INNOVATIVE HOLDING A/S's liquidity measured by quick ratio was 63.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 270.59- 444.22- 426.4537.081 379.12
EBIT- 270.59- 444.22- 426.4537.081 379.12
Net earnings11 785.04- 431.97- 432.6836.981 328.49
Shareholders equity total16 731.034 799.064 366.374 403.365 731.85
Balance sheet total (assets)16 756.035 029.564 497.374 499.265 823.74
Net debt-12 208.44- 551.20-27.40-29.29-1.22
Profitability
EBIT-%
ROA120.0 %-4.1 %-9.0 %0.8 %26.7 %
ROE121.5 %-4.0 %-9.4 %0.8 %26.2 %
ROI120.3 %-4.1 %-9.3 %0.8 %27.2 %
Economic value added (EVA)- 295.53- 619.36- 644.84- 180.961 159.32
Solvency
Equity ratio99.9 %95.4 %97.1 %97.9 %98.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio670.221.834.346.963.4
Current ratio670.221.834.346.963.4
Cash and cash equivalents12 208.44551.2027.4029.291.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:26.7%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.4%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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