Gartneriet Lundager A/S — Credit Rating and Financial Key Figures

Gartneriet Lundager A/S (CVR number: 39634481) is a company from ODENSE. The company recorded a gross profit of 14.5 mDKK in 2023. The operating profit was 2211.5 kDKK, while net earnings were 1153.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.4 %, which can be considered decent and Return on Equity (ROE) was 7.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 29 %, 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. Gartneriet Lundager A/S's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.