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

Credit rating

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 2278.7 kDKK in 2024. The operating profit was 1055.2 kDKK, while net earnings were 818.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 39.5 %, which can be considered excellent and Return on Equity (ROE) was 47 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.7 %, 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 3 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 profit1 047.831 012.621 435.362 044.702 278.70
EBIT35.7349.79446.63817.541 055.15
Net earnings22.7834.57333.55631.22818.73
Shareholders equity total832.79867.371 200.911 332.132 150.86
Balance sheet total (assets)1 588.741 901.832 325.502 117.263 223.58
Net debt401.65337.86341.6287.865.31
Profitability
EBIT-%
ROA2.3 %2.9 %21.1 %36.8 %39.5 %
ROE2.8 %4.1 %32.3 %49.8 %47.0 %
ROI2.8 %3.8 %30.0 %50.6 %50.1 %
Economic value added (EVA)-35.37-26.21281.59548.81741.64
Solvency
Equity ratio52.4 %45.6 %51.6 %62.9 %66.7 %
Gearing55.4 %53.2 %37.5 %18.7 %22.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.72.02.73.0
Current ratio1.81.72.02.73.0
Cash and cash equivalents60.13123.92108.91161.44477.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:39.5%
Rating: 89/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.7%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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