Ship Innovations ApS — Credit Rating and Financial Key Figures

CVR number: 38508962
Østre Strandvej 12 A, 9990 Skagen

Credit rating

Company information

Official name
Ship Innovations ApS
Personnel
1 person
Established
2017
Company form
Private limited company
Industry
  • Expand more icon71Architectural and engineering activities; technical testing and analysis

About Ship Innovations ApS

Ship Innovations ApS (CVR number: 38508962) is a company from FREDERIKSHAVN. The company recorded a gross profit of -240.6 kDKK in 2023. The operating profit was -240.6 kDKK, while net earnings were 23 mDKK. The profitability of the company measured by Return on Assets (ROA) was 151.3 %, which can be considered excellent and Return on Equity (ROE) was 151.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 98.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Ship Innovations ApS's liquidity measured by quick ratio was 51.6 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
20192020202120222023
Volume
Net sales
Gross profit1 313.061 422.031 416.3930.53- 240.57
EBIT1 026.141 115.411 127.82-78.51- 240.57
Net earnings813.92112.71952.623 805.5322 989.30
Shareholders equity total1 075.531 188.242 140.865 146.3925 235.69
Balance sheet total (assets)1 556.631 652.442 306.395 505.7325 616.67
Net debt-1 318.41-32.11-1 021.70-2 083.24-19 138.26
Profitability
EBIT-%
ROA110.2 %22.8 %61.1 %105.8 %151.3 %
ROE121.7 %10.0 %57.2 %104.4 %151.3 %
ROI148.8 %31.2 %70.8 %112.6 %153.1 %
Economic value added (EVA)803.90889.89870.58-83.12- 107.05
Solvency
Equity ratio69.1 %71.9 %92.8 %93.5 %98.5 %
Gearing3.6 %3.6 %2.0 %0.1 %1.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.81.510.16.251.6
Current ratio2.81.510.16.251.6
Cash and cash equivalents1 356.9574.701 064.532 090.7419 496.58
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:151.3%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.5%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

Companies in the same industry

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