L C GROVVAREHANDEL ApS — Credit Rating and Financial Key Figures

L C GROVVAREHANDEL ApS (CVR number: 32075339) is a company from KOLDING. The company recorded a gross profit of 460.3 kDKK in 2024. The operating profit was 350.6 kDKK, while net earnings were 299.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.1 %, which can be considered good and Return on Equity (ROE) was 9.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 8.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. L C GROVVAREHANDEL ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.