PHX INNOVATION ApS

PHX INNOVATION ApS (CVR number: 34626553) is a company from KERTEMINDE. The company recorded a gross profit of 1003.9 kDKK in 2023. The operating profit was 41.8 kDKK, while net earnings were 36.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.8 %, which can be considered decent but Return on Equity (ROE) was 11.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 49.3 %, 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. PHX INNOVATION ApS's liquidity measured by quick ratio was 1.3 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.