Innovation Holding 2 ApS — Credit Rating and Financial Key Figures

CVR number: 38400231
Blommevej 38, 8930 Randers NØ

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: 38400231) is a company from RANDERS. The company recorded a gross profit of -13.9 kDKK in 2023. The operating profit was -13.9 kDKK, while net earnings were 14.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.2 %, which can be considered decent and Return on Equity (ROE) was 6.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 96.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Innovation Holding 2 ApS's liquidity measured by quick ratio was 1.8 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-22.50-13.75-18.06-14.38-13.93
EBIT-22.50-13.75-18.06-14.38-13.93
Net earnings25 224.5730 278.2330 715.622 350.4314 644.05
Shareholders equity total189 092.74205 266.03240 827.90230 878.33233 959.82
Balance sheet total (assets)204 462.70220 642.14252 374.80231 717.53242 387.09
Net debt15 347.4411 517.92810.03-9 311.13
Profitability
EBIT-%
ROA12.8 %14.3 %13.0 %1.0 %6.2 %
ROE14.3 %15.4 %13.8 %1.0 %6.3 %
ROI14.5 %14.9 %13.0 %1.0 %6.3 %
Economic value added (EVA)1 968.042 566.973 385.355 785.313 418.79
Solvency
Equity ratio92.5 %93.0 %95.4 %99.6 %96.5 %
Gearing7.5 %4.8 %0.4 %2.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.80.313.21.8
Current ratio0.90.80.313.21.8
Cash and cash equivalents15 309.98
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:6.25%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.5%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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