INNOVATER A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 22 582.00 | -39 544.00 | 37 972.00 | ||
EBIT | -8 733.00 | -66 581.00 | 12 473.00 | ||
Net earnings | 31 198.00 | 28 274.00 | 3 545.00 | -67 288.00 | -2 635.00 |
Shareholders equity total | 132 160.00 | 152 434.00 | 152 979.00 | 15 137.00 | 21 654.00 |
Balance sheet total (assets) | 323 443.00 | 191 216.00 | 215 786.00 | ||
Net debt | 132 259.00 | 147 254.00 | 166 711.00 | ||
Profitability | |||||
EBIT-% | |||||
ROA | 5.3 % | -28.3 % | 4.5 % | ||
ROE | 1.2 % | -80.0 % | -14.3 % | ||
ROI | 9.0 % | -30.2 % | 4.8 % | ||
Economic value added (EVA) | -5 736.54 | -7 219.02 | -17 014.89 | -61 265.77 | 564.86 |
Solvency | |||||
Equity ratio | 80.2 % | 35.7 % | 48.6 % | ||
Gearing | 100.3 % | 998.7 % | 833.1 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.1 | 1.0 | 0.9 | ||
Current ratio | 2.6 | 1.3 | 1.5 | ||
Cash and cash equivalents | 21 180.00 | 3 923.00 | 13 686.00 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB |
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