TheLaunch.Team ApS — Credit Rating and Financial Key Figures

TheLaunch.Team ApS (CVR number: 37979678) is a company from HILLERØD. The company recorded a gross profit of 2153.2 kDKK in 2023. The operating profit was -601.6 kDKK, while net earnings were -602.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -66 %, which can be considered poor and Return on Equity (ROE) was -86 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -3.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. TheLaunch.Team ApS's liquidity measured by quick ratio was 1.4 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.