Innovater Group ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Innovater Group ApS
Innovater Group ApS (CVR number: 45286398K) is a company from AARHUS. The company recorded a gross profit of 44.3 mDKK in 2024. The operating profit was 8351 kDKK, while net earnings were -2658 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak but Return on Equity (ROE) was -5.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Innovater Group ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 53 770.00 | 38 532.00 | 76 487.00 | -19 709.00 | 44 285.00 |
EBIT | 28 014.00 | 2 194.00 | 45 576.00 | -47 417.00 | 8 351.00 |
Net earnings | 17 401.00 | 4 000.00 | 43 231.00 | -35 791.00 | -2 658.00 |
Shareholders equity total | 81 289.00 | 77 088.00 | 117 019.00 | 71 274.00 | 21 667.00 |
Balance sheet total (assets) | 666 191.00 | 784 919.00 | 890 772.00 | 1 200 217.00 | 540 233.00 |
Net debt | 664 901.00 | 304 420.00 | |||
Profitability | |||||
EBIT-% | |||||
ROA | -4.4 % | 0.8 % | |||
ROE | -38.1 % | -5.8 % | |||
ROI | -5.4 % | 1.1 % | |||
Economic value added (EVA) | 28 014.00 | -1 890.77 | 41 702.33 | -35 080.06 | -34 582.84 |
Solvency | |||||
Equity ratio | 23.4 % | 38.8 % | |||
Gearing | 1026.8 % | 1876.5 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 0.5 | |||
Current ratio | 1.2 | 1.4 | |||
Cash and cash equivalents | 66 906.00 | 102 164.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB |
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