OLE LYNGGAARD RETAIL DANMARK ApS — Credit Rating and Financial Key Figures

OLE LYNGGAARD RETAIL DANMARK ApS (CVR number: 31475708) is a company from GENTOFTE. The company recorded a gross profit of 12.6 mDKK in 2023. The operating profit was 4313 kDKK, while net earnings were 3281 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.5 %, which can be considered excellent and Return on Equity (ROE) was 25 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. OLE LYNGGAARD RETAIL DANMARK ApS's liquidity measured by quick ratio was 1.5 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.