LYKKEGAARD LANDBRUG ApS — Credit Rating and Financial Key Figures

LYKKEGAARD LANDBRUG ApS (CVR number: 20288108) is a company from Brønderslev. The company recorded a gross profit of 10.5 mDKK in 2023. The operating profit was 4071.1 kDKK, while net earnings were 4177.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.2 %, which can be considered good but Return on Equity (ROE) was 38.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.9 %, 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. LYKKEGAARD LANDBRUG 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.