EXPERIENCES BY INNOVATION LAB ApS

EXPERIENCES BY INNOVATION LAB ApS (CVR number: 36539941) is a company from AARHUS. The company recorded a gross profit of 1145.1 kDKK in 2023. The operating profit was 11.2 kDKK, while net earnings were 11 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak but Return on Equity (ROE) was 9.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 21.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. EXPERIENCES BY INNOVATION LAB ApS's liquidity measured by quick ratio was 1.2 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.