InnoCon Medical ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | - 486.80 | 4 495.63 | 4 331.24 | 5 226.08 | 6 141.46 |
| EBIT | - 508.21 | - 443.32 | - 806.77 | - 599.67 | - 470.78 |
| Net earnings | 33.91 | 110.29 | - 178.09 | - 378.76 | 173.09 |
| Shareholders equity total | 16 082.44 | 20 830.23 | 25 289.64 | 35 282.35 | 45 483.04 |
| Balance sheet total (assets) | 20 274.60 | 28 300.75 | 35 123.29 | 46 957.25 | 57 864.36 |
| 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 % |
| ROE | 0.3 % | 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 ratio | 79.3 % | 73.6 % | 72.0 % | 75.1 % | 78.6 % |
| Gearing | 0.5 % | 1.6 % | 1.9 % | 1.5 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 5.4 | 7.6 | 3.3 | 3.4 | 4.4 |
| Current ratio | 5.4 | 7.6 | 3.3 | 3.4 | 4.4 |
| Cash and cash equivalents | 2 311.63 | 3 175.38 | 1 052.86 | 2 424.59 | 4 034.21 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | A | A | A | A |
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