InnoCon Medical ApS — Credit Rating and Financial Key Figures

CVR number: 38635794
Lyngvej 1, 9000 Aalborg

Company information

Official name
InnoCon Medical ApS
Personnel
12 persons
Established
2017
Company form
Private limited company
Industry

About InnoCon Medical ApS

InnoCon Medical ApS (CVR number: 38635794) is a company from AALBORG. The company recorded a gross profit of 6141.5 kDKK in 2024. The operating profit was -470.8 kDKK, while net earnings were 173.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.9 %, which can be considered poor but Return on Equity (ROE) was 0.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 78.6 %, 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. InnoCon Medical ApS's liquidity measured by quick ratio was 4.4 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit- 486.804 495.634 331.245 226.086 141.46
EBIT- 508.21- 443.32- 806.77- 599.67- 470.78
Net earnings33.91110.29- 178.09- 378.76173.09
Shareholders equity total16 082.4420 830.2325 289.6435 282.3545 483.04
Balance sheet total (assets)20 274.6028 300.7535 123.2946 957.2557 864.36
Net debt-2 311.63-3 080.73- 654.00-1 737.09-3 346.71
Profitability
EBIT-%
ROA-2.9 %-1.8 %-2.5 %-1.4 %-0.9 %
ROE0.3 %0.6 %-0.8 %-1.3 %0.4 %
ROI-3.0 %-1.9 %-2.7 %-1.6 %-0.9 %
Economic value added (EVA)-1 027.33-1 270.78-1 832.87-1 981.08-2 508.77
Solvency
Equity ratio79.3 %73.6 %72.0 %75.1 %78.6 %
Gearing0.5 %1.6 %1.9 %1.5 %
Relative net indebtedness %
Liquidity
Quick ratio5.47.63.33.44.4
Current ratio5.47.63.33.44.4
Cash and cash equivalents2 311.633 175.381 052.862 424.594 034.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:-0.88%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.6%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer

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