LED SOLAR GREENLAND ApS — Credit Rating and Financial Key Figures

LED SOLAR GREENLAND ApS (CVR number: 12722915) is a company from SERMERSOOQ. The company recorded a gross profit of 3450.2 kDKK in 2023. The operating profit was 924 kDKK, while net earnings were 550.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.8 %, which can be considered excellent and Return on Equity (ROE) was 39.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.1 %, 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. LED SOLAR GREENLAND ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.