INCUBA A/S — Credit Rating and Financial Key Figures

CVR number: 10049385
Åbogade 15, 8200 Aarhus N
info@incuba.dk
tel: 87345566
www.incuba.dk

Company information

Official name
INCUBA A/S
Personnel
22 persons
Established
1985
Company form
Limited company
Industry

About INCUBA A/S

INCUBA A/S (CVR number: 10049385) is a company from AARHUS. The company reported a net sales of 73.2 mDKK in 2024, demonstrating a decline of -0.3 % compared to the previous year. The operating profit percentage was at 27.8 % (EBIT: 20.3 mDKK), while net earnings were 11.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak and Return on Equity (ROE) was 1.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 39.7 %, 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. INCUBA A/S's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales69.2171.4973.1873.4773.25
Gross profit69.2171.4973.1860.1055.01
EBIT34.8234.1534.6130.7320.35
Net earnings23.5818.7125.8720.7911.07
Shareholders equity total500.18569.27573.33568.63589.24
Balance sheet total (assets)887.54947.031 089.491 427.021 485.22
Net debt574.93696.10
Profitability
EBIT-%50.3 %47.8 %47.3 %41.8 %27.8 %
ROA3.9 %3.7 %3.4 %2.6 %1.5 %
ROE4.8 %3.5 %4.5 %3.6 %1.9 %
ROI3.9 %3.7 %3.4 %2.7 %1.6 %
Economic value added (EVA)10.749.026.00-4.91-52.73
Solvency
Equity ratio100.0 %100.0 %100.0 %39.8 %39.7 %
Gearing123.7 %119.4 %
Relative net indebtedness %871.2 %1080.2 %
Liquidity
Quick ratio3.10.3
Current ratio3.10.3
Cash and cash equivalents128.637.22
Capital use efficiency
Trade debtors turnover (days)11.87.5
Net working capital %133.3 %-72.1 %
Credit risk
Credit ratingBBBBBBBBBAAAAA

Variable visualization

ROA:1.54%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.7%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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

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