INNOFACTOR A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About INNOFACTOR A/S
INNOFACTOR A/S (CVR number: 29607427) is a company from KØBENHAVN. The company reported a net sales of 15.2 mDKK in 2023, demonstrating a decline of -35.1 % compared to the previous year. The operating profit percentage was at 2.4 % (EBIT: 0.4 mDKK), while net earnings were 322.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak and Return on Equity (ROE) was 3.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 68.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. INNOFACTOR A/S's liquidity measured by quick ratio was 3.1 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 20 922.39 | 23 415.54 | 15 191.96 | ||
Gross profit | 18 032.05 | 15 442.85 | 20 922.39 | 23 415.54 | 15 191.96 |
EBIT | -2 724.74 | -1 206.70 | 1 665.65 | 5 013.66 | 359.67 |
Net earnings | -3 437.37 | -1 870.58 | 1 407.82 | 4 944.34 | 322.29 |
Shareholders equity total | -30 038.44 | -31 909.02 | 3 350.79 | 8 295.13 | 8 617.42 |
Balance sheet total (assets) | 9 483.07 | 7 095.45 | 10 201.54 | 14 625.64 | 12 518.13 |
Net debt | 697.54 | 31 409.58 | 1 126.30 | 1 051.00 | 1 678.53 |
Profitability | |||||
EBIT-% | 8.0 % | 21.4 % | 2.4 % | ||
ROA | -7.3 % | -2.9 % | 6.9 % | 40.8 % | 3.3 % |
ROE | -39.8 % | -22.6 % | 27.0 % | 84.9 % | 3.8 % |
ROI | -19.0 % | -6.7 % | 9.1 % | 73.4 % | 4.5 % |
Economic value added (EVA) | -1 388.03 | 302.73 | 3 269.08 | 4 845.28 | -57.16 |
Solvency | |||||
Equity ratio | -76.0 % | -81.8 % | 32.8 % | 56.7 % | 68.8 % |
Gearing | -2.3 % | -98.4 % | 33.6 % | 12.7 % | 19.5 % |
Relative net indebtedness % | 32.7 % | 27.0 % | 25.7 % | ||
Liquidity | |||||
Quick ratio | 0.2 | 0.2 | 1.4 | 2.2 | 3.1 |
Current ratio | 0.2 | 0.2 | 1.4 | 2.2 | 3.1 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 88.3 | 75.2 | 70.8 | ||
Net working capital % | 12.4 % | 32.8 % | 53.4 % | ||
Credit risk | |||||
Credit rating | B | BBB | A | A | AA |
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