INNOVATION HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 20309202
Blommevej 38, 8930 Randers NØ
tel: 86438488

Company information

Official name
INNOVATION HOLDING A/S
Personnel
1 person
Established
1997
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
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 earnings31 451.5331 857.133 294.4015 093.0813 274.15
Shareholders equity total205 088.81247 792.18220 086.58226 917.09236 674.87
Balance sheet total (assets)217 681.69256 970.96235 043.05227 239.34237 225.53
Net debt12 007.314 789.615 465.19-20 779.18-37 395.70
Profitability
EBIT-%
ROA15.0 %13.3 %1.5 %6.7 %6.1 %
ROE16.0 %14.1 %1.4 %6.8 %5.7 %
ROI15.0 %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 ratio94.2 %96.4 %93.6 %99.9 %99.8 %
Gearing6.0 %3.6 %6.8 %0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.53.91.599.897.9
Current ratio2.53.91.599.897.9
Cash and cash equivalents282.794 222.009 391.9820 883.6037 415.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:6.11%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 96/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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