Innovater Group ApS — Credit Rating and Financial Key Figures

CVR number: 45286398
Marselisborg Havnevej 56, 8000 Aarhus C

Credit rating

Company information

Official name
Innovater Group ApS
Established
2024
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit53 770.0038 532.0076 487.00-19 709.0044 285.00
EBIT28 014.002 194.0045 576.00-47 417.008 351.00
Net earnings17 401.004 000.0043 231.00-35 791.00-2 658.00
Shareholders equity total81 289.0077 088.00117 019.0071 274.0021 667.00
Balance sheet total (assets)666 191.00784 919.00890 772.001 200 217.00540 233.00
Net debt664 901.00304 420.00
Profitability
EBIT-%
ROA-4.4 %0.8 %
ROE-38.1 %-5.8 %
ROI-5.4 %1.1 %
Economic value added (EVA)28 014.00-1 890.7741 702.33-35 080.06-34 582.84
Solvency
Equity ratio23.4 %38.8 %
Gearing1026.8 %1876.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.5
Current ratio1.21.4
Cash and cash equivalents66 906.00102 164.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:0.77%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.8%
Rating: 32/100
-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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