Innovation Holding 2 ApS — Credit Rating and Financial Key Figures

CVR number: 38400231
Blommevej 38, 8930 Randers NØ

Credit rating

Company information

Official name
Innovation Holding 2 ApS
Established
2016
Company form
Private limited company
Industry

About Innovation Holding 2 ApS

Innovation Holding 2 ApS (CVR number: 38400231K) is a company from RANDERS. The company reported a net sales of 217.3 mDKK in 2016, demonstrating a growth of 10.4 % compared to the previous year. The operating profit percentage was at 17.7 % (EBIT: 38.6 mDKK), while net earnings were 26.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 17.8 %, which can be considered excellent and Return on Equity (ROE) was 19.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 73.4 %, 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. Innovation Holding 2 ApS's liquidity measured by quick ratio was 2.8 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
2015
2016
Volume
Net sales196 794.00217 328.00
Gross profit87 216.0093 770.00
EBIT31 792.0038 561.00
Net earnings22 272.0026 522.00
Shareholders equity total146 878.00161 683.00
Balance sheet total (assets)200 698.00220 734.00
Net debt-32 687.00-35 619.00
Profitability
EBIT-%16.2 %17.7 %
ROA15.9 %17.8 %
ROE17.2 %19.5 %
ROI18.2 %20.1 %
Economic value added (EVA)23 612.2720 766.09
Solvency
Equity ratio73.5 %73.4 %
Gearing14.3 %16.1 %
Relative net indebtedness %-4.0 %-5.0 %
Liquidity
Quick ratio2.02.8
Current ratio2.93.6
Cash and cash equivalents53 632.0061 727.00
Capital use efficiency
Trade debtors turnover (days)23.523.0
Net working capital %27.1 %34.6 %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:17.8%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.4%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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