ROV Innovation ApS — Credit Rating and Financial Key Figures

CVR number: 37372951
Vansøgårdsvej 27, Rødding 8830 Tjele
rovinnovation@gmail.com
tel: 51353565

Company information

Official name
ROV Innovation ApS
Personnel
1 person
Established
2016
Domicile
Rødding
Company form
Private limited company
Industry

About ROV Innovation ApS

ROV Innovation ApS (CVR number: 37372951) is a company from VIBORG. The company recorded a gross profit of 400.7 kDKK in 2024. The operating profit was 53.1 kDKK, while net earnings were 40.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.7 %, which can be considered excellent and Return on Equity (ROE) was 37.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.7 %, 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. ROV Innovation ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit331.08267.75363.09280.42400.68
EBIT-65.20-50.637.54111.2753.05
Net earnings-52.04-45.068.5386.2940.82
Shareholders equity total37.44-7.620.9187.20128.02
Balance sheet total (assets)244.12113.80269.05354.73243.11
Net debt65.8726.27- 199.41- 201.98-83.43
Profitability
EBIT-%
ROA-27.9 %-27.7 %3.9 %35.7 %17.7 %
ROE-82.0 %-59.6 %14.9 %195.9 %37.9 %
ROI-67.6 %-78.1 %41.2 %217.4 %48.2 %
Economic value added (EVA)-55.82-49.154.4285.8236.32
Solvency
Equity ratio15.3 %-6.3 %0.3 %24.6 %52.7 %
Gearing175.9 %-344.8 %1037.5 %5.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.60.91.30.7
Current ratio0.90.60.91.30.7
Cash and cash equivalents208.85206.8083.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:17.7%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.7%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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