INNOVATION HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About INNOVATION HOLDING A/S
INNOVATION HOLDING A/S (CVR number: 20309202) is a company from RANDERS. The company recorded a gross profit of -33.1 kDKK in 2024. The operating profit was -33.1 kDKK, while net earnings were 13.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.1 %, which can be considered decent and Return on Equity (ROE) was 5.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. INNOVATION HOLDING A/S's liquidity measured by quick ratio was 97.9 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 211.27 | - 208.89 | - 229.95 | -84.50 | -33.12 |
EBIT | -2 298.37 | -3 573.26 | -1 863.35 | - 990.84 | -33.12 |
Net earnings | 31 451.53 | 31 857.13 | 3 294.40 | 15 093.08 | 13 274.15 |
Shareholders equity total | 205 088.81 | 247 792.18 | 220 086.58 | 226 917.09 | 236 674.87 |
Balance sheet total (assets) | 217 681.69 | 256 970.96 | 235 043.05 | 227 239.34 | 237 225.53 |
Net debt | 12 007.31 | 4 789.61 | 5 465.19 | -20 779.18 | -37 395.70 |
Profitability | |||||
EBIT-% | |||||
ROA | 15.0 % | 13.3 % | 1.5 % | 6.7 % | 6.1 % |
ROE | 16.0 % | 14.1 % | 1.4 % | 6.8 % | 5.7 % |
ROI | 15.0 % | 13.3 % | 1.5 % | 6.7 % | 6.1 % |
Economic value added (EVA) | -11 928.90 | -14 035.87 | -14 358.01 | -12 578.78 | -11 433.66 |
Solvency | |||||
Equity ratio | 94.2 % | 96.4 % | 93.6 % | 99.9 % | 99.8 % |
Gearing | 6.0 % | 3.6 % | 6.8 % | 0.0 % | 0.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.5 | 3.9 | 1.5 | 99.8 | 97.9 |
Current ratio | 2.5 | 3.9 | 1.5 | 99.8 | 97.9 |
Cash and cash equivalents | 282.79 | 4 222.00 | 9 391.98 | 20 883.60 | 37 415.52 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
Variable visualization
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