INNOVATION LIVING A/S — Credit Rating and Financial Key Figures

CVR number: 65699516
Blommevej 38, 8930 Randers NØ
tel: 86438488
Free credit report Annual report

Company information

Official name
INNOVATION LIVING A/S
Personnel
55 persons
Established
1981
Company form
Limited company
Industry

About INNOVATION LIVING A/S

INNOVATION LIVING A/S (CVR number: 65699516) is a company from RANDERS. The company recorded a gross profit of 49.2 mDKK in 2024. The operating profit was 14.1 mDKK, while net earnings were 8812.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8 %, which can be considered decent but Return on Equity (ROE) was 16.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 92.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. INNOVATION LIVING A/S's liquidity measured by quick ratio was 3.5 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 profit50 508.9349 237.24
EBIT19 382.0214 104.66
Net earnings13 691.418 812.15
Shareholders equity total49 300.5658 717.25
Balance sheet total (assets)173 399.37163 110.10
Net debt89 214.5777 006.71
Profitability
EBIT-%
ROA11.4 %8.0 %
ROE27.8 %16.3 %
ROI12.4 %8.7 %
Economic value added (EVA)-8 056.8314 574.812 612.33
Solvency
Equity ratio92.5 %92.1 %
Gearing223.2 %154.1 %
Relative net indebtedness %
Liquidity
Quick ratio4.53.5
Current ratio6.15.4
Cash and cash equivalents20 828.1413 486.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAA

Variable visualization

ROA:7.97%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.1%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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