Ship Innovations ApS — Credit Rating and Financial Key Figures

CVR number: 38508962
Østre Strandvej 12 A, 9990 Skagen
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Credit rating

Company information

Official name
Ship Innovations ApS
Personnel
1 person
Established
2017
Company form
Private limited company
Industry

About Ship Innovations ApS

Ship Innovations ApS (CVR number: 38508962) is a company from FREDERIKSHAVN. The company recorded a gross profit of -26.2 kDKK in 2024. The operating profit was -26.2 kDKK, while net earnings were -3322.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -22 %, which can be considered poor and Return on Equity (ROE) was -23.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 90.5 %, 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 4.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 422.031 416.3930.53- 240.57-26.23
EBIT1 115.411 127.82-78.51- 240.57-26.23
Net earnings112.71952.623 805.5322 989.30-3 322.81
Shareholders equity total1 188.242 140.865 146.3925 235.692 912.87
Balance sheet total (assets)1 652.442 306.395 505.7325 616.673 218.27
Net debt-32.11-1 021.70-2 083.24-19 138.26- 885.13
Profitability
EBIT-%
ROA22.8 %61.1 %105.8 %151.3 %-22.0 %
ROE10.0 %57.2 %104.4 %151.3 %-23.6 %
ROI31.2 %70.8 %112.6 %153.1 %-22.1 %
Economic value added (EVA)809.73816.96- 170.97- 460.91-1 306.56
Solvency
Equity ratio71.9 %92.8 %93.5 %98.5 %90.5 %
Gearing3.6 %2.0 %0.1 %1.4 %4.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.510.16.251.64.8
Current ratio1.510.16.251.64.8
Cash and cash equivalents74.701 064.532 090.7419 496.581 021.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-22.0%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.5%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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