LB-INNOVATION ApS — Credit Rating and Financial Key Figures

CVR number: 18974231
Carsten Hauchs Vej 12, 9000 Aalborg
tel: 70230144

Credit rating

Company information

Official name
LB-INNOVATION ApS
Established
1995
Company form
Private limited company
Industry

About LB-INNOVATION ApS

LB-INNOVATION ApS (CVR number: 18974231) is a company from AALBORG. The company recorded a gross profit of 151.1 kDKK in 2019. The operating profit was 151.1 kDKK, while net earnings were 116.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 35.2 %, which can be considered excellent and Return on Equity (ROE) was 40.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. LB-INNOVATION ApS's liquidity measured by quick ratio was 2.5 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
2016
2017
2018
2019
Volume
Net sales
Gross profit101.02114.9370.66151.13
EBIT88.58113.4970.66151.13
Net earnings68.2591.7454.77116.77
Shareholders equity total311.41299.75255.51317.29
Balance sheet total (assets)401.38418.23324.55532.93
Net debt- 309.03- 359.45- 277.06- 312.35
Profitability
EBIT-%
ROA22.1 %27.7 %19.0 %35.2 %
ROE21.9 %30.0 %19.7 %40.8 %
ROI28.4 %37.1 %25.5 %52.8 %
Economic value added (EVA)68.6692.0658.05118.72
Solvency
Equity ratio77.6 %71.7 %78.7 %59.5 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio4.23.34.52.5
Current ratio4.53.54.72.5
Cash and cash equivalents309.03359.45277.06312.35
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:35.2%
Rating: 86/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.5%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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