INNOVATORIUM HERNING A/S — Credit Rating and Financial Key Figures

CVR number: 26027136
Birk Centerpark 40, Birk 7400 Herning

Company information

Official name
INNOVATORIUM HERNING A/S
Personnel
4 persons
Established
2001
Domicile
Birk
Company form
Limited company
Industry

About INNOVATORIUM HERNING A/S

INNOVATORIUM HERNING A/S (CVR number: 26027136) is a company from HERNING. The company recorded a gross profit of 7423 kDKK in 2024. The operating profit was 4966.2 kDKK, while net earnings were 1979.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent but Return on Equity (ROE) was 8.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 24.4 %, 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. INNOVATORIUM HERNING A/S's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit3 967.066 308.916 601.307 239.427 423.02
EBIT4 202.273 524.254 447.086 470.124 966.16
Net earnings2 086.552 097.493 034.343 531.781 979.85
Shareholders equity total4 656.809 358.6118 258.1722 108.5224 088.37
Balance sheet total (assets)91 312.2792 845.4494 888.2396 447.0498 833.47
Net debt38 993.1639 910.5237 247.0336 991.2634 425.64
Profitability
EBIT-%
ROA4.7 %3.8 %4.7 %6.8 %5.1 %
ROE51.2 %29.9 %22.0 %17.5 %8.6 %
ROI4.9 %4.0 %6.0 %10.7 %7.8 %
Economic value added (EVA)2 267.251 370.562 125.632 285.51929.88
Solvency
Equity ratio5.1 %10.1 %19.2 %22.9 %24.4 %
Gearing865.4 %428.2 %212.4 %173.8 %159.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.20.60.51.1
Current ratio0.40.20.60.51.1
Cash and cash equivalents1 307.16166.781 532.581 425.094 059.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:5.14%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.4%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Board member
Chief executive officer

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