INNOVATER REC 1 A/S — Credit Rating and Financial Key Figures

CVR number: 34724423
Marselisborg Havnevej 56, 8000 Aarhus C

Company information

Official name
INNOVATER REC 1 A/S
Established
2012
Company form
Limited company
Industry

About INNOVATER REC 1 A/S

INNOVATER REC 1 A/S (CVR number: 34724423) is a company from AARHUS. The company recorded a gross profit of 2953.1 kDKK in 2024. The operating profit was 2953.1 kDKK, while net earnings were 2058.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent but Return on Equity (ROE) was 20.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. INNOVATER REC 1 A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit666.791 125.943 750.253 126.702 953.05
EBIT666.791 125.943 750.253 126.702 953.05
Net earnings578.59862.021 684.88885.252 058.85
Shareholders equity total5 386.186 248.207 933.088 818.3310 877.18
Balance sheet total (assets)103 284.1985 247.1187 801.8994 583.3137 847.17
Net debt49 395.53-12 158.4821 466.8466 365.2219 608.24
Profitability
EBIT-%
ROA0.9 %1.2 %4.3 %3.4 %4.9 %
ROE11.4 %14.8 %23.8 %10.6 %20.9 %
ROI1.0 %1.4 %5.7 %4.2 %5.5 %
Economic value added (EVA)-4 794.41-3 154.32191.87- 914.10-1 916.89
Solvency
Equity ratio29.6 %29.3 %27.1 %26.1 %31.4 %
Gearing1387.4 %744.1 %681.8 %829.0 %206.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.91.80.81.4
Current ratio1.81.91.81.41.4
Cash and cash equivalents25 330.7358 653.6832 621.276 742.522 837.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:4.90%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.4%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Chief executive officer

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