VOGNMAND LETH A/S — Credit Rating and Financial Key Figures

VOGNMAND LETH A/S (CVR number: 14303790) is a company from ESBJERG. The company recorded a gross profit of 1698.2 kDKK in 2023. The operating profit was -862.9 kDKK, while net earnings were -468.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16 %, which can be considered poor and Return on Equity (ROE) was -17.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.8 %, 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. VOGNMAND LETH A/S's liquidity measured by quick ratio was 2 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.