LOTUS HEATING SYSTEMS A/S

LOTUS HEATING SYSTEMS A/S (CVR number: 26110475) is a company from KERTEMINDE. The company recorded a gross profit of 59.4 mDKK in 2023. The operating profit was 32.1 mDKK, while net earnings were 24.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 50.3 %, which can be considered excellent and Return on Equity (ROE) was 51.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.6 %, 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. LOTUS HEATING SYSTEMS A/S's liquidity measured by quick ratio was 2.6 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.