Launch It ApS

Launch It ApS (CVR number: 38511807) is a company from AARHUS. The company recorded a gross profit of 572.6 kDKK in 2018. The operating profit was 166.5 kDKK, while net earnings were 129.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 46.2 %, which can be considered excellent and Return on Equity (ROE) was 61.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.6 %, 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. Launch It ApS's liquidity measured by quick ratio was 3.9 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.