INNOVATIVE EUROPE ApS

CVR number: 29150540
Center Boulevard 5, 2300 København S
tel: 70238269

Credit rating

Company information

Official name
INNOVATIVE EUROPE ApS
Personnel
2 persons
Established
2005
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About the company

INNOVATIVE EUROPE ApS (CVR number: 29150540) is a company from KØBENHAVN. The company recorded a gross profit of -31 kDKK in 2023. The operating profit was -31 kDKK, while net earnings were -31 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.8 %, which can be considered poor and Return on Equity (ROE) was -0.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. INNOVATIVE EUROPE ApS's liquidity measured by quick ratio was 112.4 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
20192020202120222023
Volume
Net sales
Gross profit3 869.882 731.6012 494.88-40.00-31.00
EBIT909.31-4.8410 926.82-40.00-31.00
Net earnings325.491 162.609 431.47-29.05-31.00
Shareholders equity total-7 079.90-5 917.303 514.173 485.113 454.11
Balance sheet total (assets)9 136.9210 118.823 658.293 921.133 485.12
Net debt13 702.5612 193.74
Profitability
EBIT-%
ROA5.5 %7.8 %111.0 %-1.0 %-0.8 %
ROE3.5 %12.1 %138.4 %-0.8 %-0.9 %
ROI5.9 %8.7 %129.7 %-1.1 %-0.9 %
Economic value added (EVA)1 719.30436.4210 630.00- 207.79- 206.13
Solvency
Equity ratio-43.8 %-36.9 %96.1 %88.9 %99.1 %
Gearing-217.9 %-220.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.325.49.0112.4
Current ratio0.60.625.49.0112.4
Cash and cash equivalents1 721.01857.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBCBC

Variable visualization

ROA:-0.84%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.1%
Rating: 86/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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