Solutions4Innovation ApS — Credit Rating and Financial Key Figures

CVR number: 38979159
Agerhønevej 12, 9800 Hjørring
tel: 27634292
www.solutions4innovation.dk
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Company information

Official name
Solutions4Innovation ApS
Personnel
1 person
Established
2017
Company form
Private limited company
Industry

About Solutions4Innovation ApS

Solutions4Innovation ApS (CVR number: 38979159) is a company from HJØRRING. The company recorded a gross profit of -34.5 kDKK in 2022. The operating profit was -41.6 kDKK, while net earnings were -33.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -25.1 %, which can be considered poor and Return on Equity (ROE) was -45.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Solutions4Innovation ApS's liquidity measured by quick ratio was 1.7 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
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit296.6968.3999.2427.60-34.50
EBIT157.1852.53-5.445.54-41.65
Net earnings121.9240.41-5.023.63-33.37
Shareholders equity total205.8691.2686.2489.8756.50
Balance sheet total (assets)275.16227.08250.31191.14140.54
Net debt- 246.56- 125.63- 139.28- 116.16-66.74
Profitability
EBIT-%
ROA57.1 %20.9 %-2.3 %2.5 %-25.1 %
ROE59.2 %27.2 %-5.7 %4.1 %-45.6 %
ROI74.1 %27.1 %-3.3 %3.6 %-31.1 %
Economic value added (EVA)121.9542.671.2411.66-28.24
Solvency
Equity ratio74.8 %40.2 %34.5 %47.0 %40.2 %
Gearing87.7 %79.7 %66.8 %106.2 %
Relative net indebtedness %
Liquidity
Quick ratio8.81.71.51.81.7
Current ratio8.81.71.51.81.7
Cash and cash equivalents246.56205.63208.03176.16126.74
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-25.1%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.2%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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