INNOVATER REC N1 A/S — Credit Rating and Financial Key Figures

CVR number: 35520929
Marselisborg Havnevej 56, 8000 Aarhus C
rbs@innovater.dk
tel: 27577642
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Company information

Official name
INNOVATER REC N1 A/S
Established
2013
Company form
Limited company
Industry

About INNOVATER REC N1 A/S

INNOVATER REC N1 A/S (CVR number: 35520929K) is a company from AARHUS. The company recorded a gross profit of -645.5 kDKK in 2017. The operating profit was -645.5 kDKK, while net earnings were -174.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.4 %, which can be considered poor and Return on Equity (ROE) was -8.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 45.8 %, 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 REC N1 A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

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Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
Volume
Net sales
Gross profit190.90- 645.49
EBIT190.90- 645.49
Net earnings164.60- 174.86
Shareholders equity total2 168.451 993.59
Balance sheet total (assets)20 097.4111 328.25
Net debt17 420.677 074.42
Profitability
EBIT-%
ROA1.1 %-1.4 %
ROE7.6 %-8.4 %
ROI1.1 %-1.5 %
Economic value added (EVA)148.90- 589.83
Solvency
Equity ratio38.4 %45.8 %
Gearing824.1 %363.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.2
Current ratio1.41.2
Cash and cash equivalents450.48164.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:-1.42%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.8%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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