TexLab ApS — Credit Rating and Financial Key Figures

TexLab ApS (CVR number: 44049740) is a company from HERNING. The company recorded a gross profit of 14.7 kDKK in 2023. The operating profit was 3 kDKK, while net earnings were 0.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak and Return on Equity (ROE) was 0.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 66 %, 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. TexLab 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.