INNOFACTOR A/S — Credit Rating and Financial Key Figures

CVR number: 29607427
Øster Allé 48, 2100 København Ø
linn.braathen@innofactor.com
tel: 70263670
https://www.innofactor.com/dk/

Company information

Official name
INNOFACTOR A/S
Personnel
10 persons
Established
2006
Company form
Limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales20 922.3923 415.5415 191.96
Gross profit18 032.0515 442.8520 922.3923 415.5415 191.96
EBIT-2 724.74-1 206.701 665.655 013.66359.67
Net earnings-3 437.37-1 870.581 407.824 944.34322.29
Shareholders equity total-30 038.44-31 909.023 350.798 295.138 617.42
Balance sheet total (assets)9 483.077 095.4510 201.5414 625.6412 518.13
Net debt697.5431 409.581 126.301 051.001 678.53
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)-1 388.03302.733 269.084 845.28-57.16
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 ratio0.20.21.42.23.1
Current ratio0.20.21.42.23.1
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)88.375.270.8
Net working capital %12.4 %32.8 %53.4 %
Credit risk
Credit ratingBBBBAAAA

Variable visualization

ROA:3.28%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.8%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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