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Innovation Up North ApS — Credit Rating and Financial Key Figures

CVR number: 39740885
Lindevej 53, 9370 Hals
Free credit report Annual report

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 1563.7 kDKK in 2025. The operating profit was 642.6 kDKK, while net earnings were 498.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.8 %, which can be considered excellent and Return on Equity (ROE) was 29.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 82.3 %, 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 5.7 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
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit-3.891 235.921 522.181 603.601 563.69
EBIT-3.89624.96683.82738.09642.65
Net earnings-4.75487.96532.18575.53498.82
Shareholders equity total36.34467.10940.371 454.901 886.22
Balance sheet total (assets)41.34803.531 230.811 758.622 290.75
Net debt-33.00- 523.19- 741.67-1 232.90-1 744.42
Profitability
EBIT-%
ROA-7.5 %148.1 %67.3 %49.6 %31.8 %
ROE-13.7 %193.9 %75.6 %48.1 %29.9 %
ROI-11.2 %248.5 %97.3 %61.9 %38.5 %
Economic value added (EVA)-5.56486.76509.45527.82427.54
Solvency
Equity ratio87.9 %58.1 %76.4 %82.7 %82.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio6.62.44.25.85.7
Current ratio6.62.44.25.85.7
Cash and cash equivalents33.00523.19741.671 232.901 744.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:31.8%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:82.3%
Rating: 62/100
-1%
21%
50%
81%
99%
100%
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