Innosurge Hips & Knees ApS — Credit Rating and Financial Key Figures

CVR number: 38775219
Alsikevej 16, 8920 Randers NV

Credit rating

Company information

Official name
Innosurge Hips & Knees ApS
Established
2017
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Innosurge Hips & Knees ApS

Innosurge Hips & Knees ApS (CVR number: 38775219) is a company from RANDERS. The company recorded a gross profit of 761.1 kDKK in 2019. The operating profit was 276.3 kDKK, while net earnings were 288.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.2 %, which can be considered excellent and Return on Equity (ROE) was 32.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 2.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Innosurge Hips & Knees ApS's liquidity measured by quick ratio was 1 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
20182019
Volume
Net sales
Gross profit-69.22761.12
EBIT- 336.08276.26
Net earnings- 337.08288.18
Shareholders equity total- 287.081.10
Balance sheet total (assets)1 784.6638.60
Net debt1 994.54-30.00
Profitability
EBIT-%
ROA-15.3 %26.2 %
ROE-18.9 %32.3 %
ROI-15.8 %27.7 %
Economic value added (EVA)- 336.08334.20
Solvency
Equity ratio-13.9 %2.8 %
Gearing-694.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.71.0
Current ratio0.81.0
Cash and cash equivalents30.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBB

Variable visualization

ROA:26.2%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:2.85%
Rating: 3/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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