INNOVATER A/S — Credit Rating and Financial Key Figures

CVR number: 30517075
Marselisborg Havnevej 56, 8000 Aarhus C
rbs@innovater.dk
tel: 70267010

Credit rating

Company information

Official name
INNOVATER A/S
Personnel
18 persons
Established
2008
Company form
Limited company
Industry

About INNOVATER A/S

INNOVATER A/S (CVR number: 30517075) is a company from AARHUS. The company recorded a gross profit of 38 mDKK in 2024. The operating profit was 12.5 mDKK, while net earnings were -2635 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.5 %, which can be considered decent but Return on Equity (ROE) was -14.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 48.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. INNOVATER A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit22 582.00-39 544.0037 972.00
EBIT-8 733.00-66 581.0012 473.00
Net earnings31 198.0028 274.003 545.00-67 288.00-2 635.00
Shareholders equity total132 160.00152 434.00152 979.0015 137.0021 654.00
Balance sheet total (assets)323 443.00191 216.00215 786.00
Net debt132 259.00147 254.00166 711.00
Profitability
EBIT-%
ROA5.3 %-28.3 %4.5 %
ROE1.2 %-80.0 %-14.3 %
ROI9.0 %-30.2 %4.8 %
Economic value added (EVA)-5 736.54-7 219.02-17 014.89-61 265.77564.86
Solvency
Equity ratio80.2 %35.7 %48.6 %
Gearing100.3 %998.7 %833.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.11.00.9
Current ratio2.61.31.5
Cash and cash equivalents21 180.003 923.0013 686.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBB

Variable visualization

ROA:4.49%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.6%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

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