Innovation Up North ApS — Credit Rating and Financial Key Figures

CVR number: 39740885
Lindevej 53, 9370 Hals

Credit rating

Company information

Official name
Innovation Up North ApS
Personnel
2 persons
Established
2018
Company form
Private limited company
Industry

About Innovation Up North ApS

Innovation Up North ApS (CVR number: 39740885) is a company from AALBORG. The company recorded a gross profit of 1603.6 kDKK in 2024. The operating profit was 738.1 kDKK, while net earnings were 575.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 49.6 %, which can be considered excellent and Return on Equity (ROE) was 48.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 82.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Innovation Up North ApS's liquidity measured by quick ratio was 5.8 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 profit33.47-3.891 235.921 522.181 603.60
EBIT33.47-3.89624.96683.82738.09
Net earnings25.22-4.75487.96532.18575.53
Shareholders equity total33.0936.34467.10940.371 454.90
Balance sheet total (assets)63.0041.34803.531 230.811 758.62
Net debt-54.66-33.00- 523.19- 741.67-1 232.90
Profitability
EBIT-%
ROA83.9 %-7.5 %148.1 %67.3 %49.6 %
ROE123.1 %-13.7 %193.9 %75.6 %48.1 %
ROI163.4 %-11.2 %248.5 %97.3 %61.9 %
Economic value added (EVA)25.52-5.56486.76509.45527.82
Solvency
Equity ratio52.5 %87.9 %58.1 %76.4 %82.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.86.62.44.25.8
Current ratio1.86.62.44.25.8
Cash and cash equivalents54.6633.00523.19741.671 232.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:49.6%
Rating: 94/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.7%
Rating: 62/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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