Lundby Development ApS — Credit Rating and Financial Key Figures

Lundby Development ApS (CVR number: 38791966) is a company from SYDDJURS. The company recorded a gross profit of 3.2 kDKK in 2023. The operating profit was -2.2 kDKK, while net earnings were -0.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0 %, which can be considered poor and Return on Equity (ROE) was -0.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 55.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Lundby Development ApS's liquidity measured by quick ratio was 2.3 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.