LB-INNOVATION ApS

APSDissolved

CVR 18974231Carsten Hauchs Vej 12, 9000 AalborgKonsulentbistand vedrørende informationsteknologi· NACE 620200Est. 1995 · 30 years old— employees

Overview

LB-INNOVATION ApS is a Danish APS based in Aalborg, operating in the Konsulentbistand vedrørende informationsteknologi sector. Incorporated in 1995, the company reported a gross profit of DKK 151.1k in its latest annual filing.

Gross profit 2019

151.1K DKK

+114% vs 2018

EBITDA margin (of gross profit)

100.0 %

+114% vs 2018

Net profit 2019

116.8K DKK

+113% vs 2018

Key ratios

See full ratios →

59.5 %

Average

Around the average of companies in the same industry

20152019

2.5×

Average

Around the average of companies in the same industry

20152019

21.9 %

Strong

Among the 30% highest rated companies in the industry

20152019

EBITDA — year on year

DKK thousands

Key figures

Annual report 2019

Gross profit	151.1K DKK	+114%
EBITDA	151.1K DKK	+114%
Net profit	116.8K DKK	+113%
Total assets	532.9K DKK	+64%
Equity	317.3K DKK	+24%
Employees	—	—

Financial development

In its most recent annual report (2019), LB-INNOVATION ApS reported a gross profit of DKK 151.1k, an increase of 114% on the year before. The figures on this page draw on 5 annual filings covering 2015 to 2019. The bottom line showed a net profit of DKK 116.8k, and the EBITDA margin stood at 100%.

At the end of 2019, equity financed 59.5% of the balance sheet, and current assets covered short-term debt 2.5 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2019	2018	2017	2016	2015
Gross profit	151	71	115	101	127
Staff expenses	-0	-0	-0	-0	-0
EBITDA	151	71	115	101	127
Depreciation & amort.	-0	-0	-1	-12	-19
EBIT	151	71	113	89	107
Net financials	-1	-0	-1	-1	-1
Profit before tax	150	70	113	88	106
Tax	33	16	21	20	25
Net profit	117	55	92	68	82

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Balance sheet

DKK thousands

Item	2019	2018	2017	2016	2015
Total assets	533	325	418	401	516
Equity	317	256	300	311	344
Long-term debt	0	0	0	0	0
Short-term debt	216	69	118	90	172
Total debt	216	69	118	90	172

Financial ratios

5-year trend

EBITDA margin (of gross profit)

100.0 %

20152019

Equity ratio

59.5 %

Average

Around the average of companies in the same industry

20152019

Return on equity

36.8 %

Strong

Among the 40% highest rated companies in the industry

20152019

Net profit margin (of gross profit)

77.3 %

20152019

Asset turnover (of gross profit)

0.28×

20152019

Debt / equity

0.68×

Average

Around the average of companies in the same industry

20152019

Sector performance

22 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Return on equity (ROE)Strong

Among the 40% highest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Strong

Among the 30% highest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Strong

Among the 40% highest rated companies in the industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Strong

Among the 30% highest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Gross marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Capacity ratioNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Liquidity

Current ratioAverage

Around the average of companies in the same industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioAverage

Around the average of companies in the same industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioStrong

Among the 40% highest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityWeak

Among the 40% lowest rated companies in the industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalVery strong

Among the 10% highest rated companies in the industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioStrong

Among the 30% highest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioAverage

Around the average of companies in the same industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioAverage

Around the average of companies in the same industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityAverage

Around the average of companies in the same industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityAverage

Around the average of companies in the same industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtStrong

Among the 40% highest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtStrong

Among the 30% highest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageVery strong

Among the 20% highest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtAverage

Around the average of companies in the same industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginStrong

Among the 30% highest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Equity to contributed capitalWeak

Among the 40% lowest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityStrong

Among the 30% highest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtVery weak

Among the 10% lowest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Asset turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to total assets — the ability to generate revenue from the asset base.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Annual reports & filings

Annual report 2019
Filed via CVR / Virk · Period 2019-01-01 – 2019-12-31
View PDF
Annual report 2018
Filed via CVR / Virk · Period 2018-01-01 – 2018-12-31
View PDF
Annual report 2017
Filed via CVR / Virk · Period 2017-01-01 – 2017-12-31
View PDF
Annual report 2016
Filed via CVR / Virk · Period 2016-01-01 – 2016-12-31
View PDF
Annual report 2015
Filed via CVR / Virk · Period 2015-01-01 – 2015-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (4)


PE Per Ejvind Rasmussen Management	Management	1995 – 1998
JE Jan Emil Brøndum Management	Management	1995 – 2001
LS Leif Staal Management	Management	1995 – 1996
LB Leo Brøndum Management	Management	2001 – 2020

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Leo Brøndum	Individual	100%	100%	1995

Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of LB-INNOVATION ApS also hold positions in 10 other companies.

Person	Role here	Other companies
Jan Emil Brøndum	Management	9 companiesMany roles
Leif Staal	Management	1 company

Frequently asked questions

What is the CVR number of LB-INNOVATION ApS?

LB-INNOVATION ApS is registered with CVR / Virk under CVR 18974231.

What is the gross profit of LB-INNOVATION ApS?

LB-INNOVATION ApS reported a gross profit of DKK 151.1k in 2019.

Where is LB-INNOVATION ApS headquartered?

LB-INNOVATION ApS's registered address is Carsten Hauchs Vej 12.