Lykke & Toft ApS — Credit Rating and Financial Key Figures

Lykke & Toft ApS (CVR number: 42037753) is a company from HOLSTEBRO. The company recorded a gross profit of 1007.6 kDKK in 2023. The operating profit was 196.9 kDKK, while net earnings were 39 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.1 %, which can be considered good but Return on Equity (ROE) was 16.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 13.1 %, 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. Lykke & Toft ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.