Innovation Holding 2 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 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 earnings | 25 224.57 | 30 278.23 | 30 715.62 | 2 350.43 | 14 644.05 |
Shareholders equity total | 189 092.74 | 205 266.03 | 240 827.90 | 230 878.33 | 233 959.82 |
Balance sheet total (assets) | 204 462.70 | 220 642.14 | 252 374.80 | 231 717.53 | 242 387.09 |
Net debt | 15 347.44 | 11 517.92 | 810.03 | -9 311.13 | |
Profitability | |||||
EBIT-% | |||||
ROA | 12.8 % | 14.3 % | 13.0 % | 1.0 % | 6.2 % |
ROE | 14.3 % | 15.4 % | 13.8 % | 1.0 % | 6.3 % |
ROI | 14.5 % | 14.9 % | 13.0 % | 1.0 % | 6.3 % |
Economic value added (EVA) | 1 968.04 | 2 566.97 | 3 385.35 | 5 785.31 | 3 418.79 |
Solvency | |||||
Equity ratio | 92.5 % | 93.0 % | 95.4 % | 99.6 % | 96.5 % |
Gearing | 7.5 % | 4.8 % | 0.4 % | 2.6 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 0.8 | 0.3 | 13.2 | 1.8 |
Current ratio | 0.9 | 0.8 | 0.3 | 13.2 | 1.8 |
Cash and cash equivalents | 15 309.98 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | AA | AA | AA |
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