LAVMANDS LAST & KARROSSERI A/S — Credit Rating and Financial Key Figures

LAVMANDS LAST & KARROSSERI A/S (CVR number: 28854412) is a company from RINGSTED. The company recorded a gross profit of 16.7 mDKK in 2023. The operating profit was -663.5 kDKK, while net earnings were 93.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak and Return on Equity (ROE) was 1.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 22.7 %, 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. LAVMANDS LAST & KARROSSERI A/S's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.