PROJECTS BY INNOVATION LAB ApS — Credit Rating and Financial Key Figures

CVR number: 25400984
Grenåvej 30, Essig 8410 Rønde
mads@ilab.dk
tel: 20424064
www.ilab.dk

Company information

Official name
PROJECTS BY INNOVATION LAB ApS
Personnel
2 persons
Established
2013
Domicile
Essig
Company form
Private limited company
Industry

About PROJECTS BY INNOVATION LAB ApS

PROJECTS BY INNOVATION LAB ApS (CVR number: 25400984) is a company from SYDDJURS. The company recorded a gross profit of 2044.7 kDKK in 2023. The operating profit was 817.5 kDKK, while net earnings were 631.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36.8 %, which can be considered excellent and Return on Equity (ROE) was 49.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. PROJECTS BY INNOVATION LAB ApS's liquidity measured by quick ratio was 2.7 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit609.211 047.831 012.621 435.362 044.70
EBIT23.7235.7349.79446.63817.54
Net earnings9.0122.7834.57333.55631.22
Shareholders equity total810.02832.79867.371 200.911 332.13
Balance sheet total (assets)1 488.721 588.741 901.832 325.502 117.26
Net debt317.68401.65337.86341.6287.86
Profitability
EBIT-%
ROA1.8 %2.3 %2.9 %21.1 %36.8 %
ROE1.1 %2.8 %4.1 %32.3 %49.8 %
ROI2.2 %2.8 %3.8 %30.0 %50.6 %
Economic value added (EVA)-20.32-4.920.02311.02576.92
Solvency
Equity ratio54.4 %52.4 %45.6 %51.6 %62.9 %
Gearing57.0 %55.4 %53.2 %37.5 %18.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.81.72.02.7
Current ratio1.71.81.72.02.7
Cash and cash equivalents144.1060.13123.92108.91161.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:36.8%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.9%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.