L&P Springs Denmark ApS

L&P Springs Denmark ApS (CVR number: 31360811) is a company from VARDE. The company recorded a gross profit of 28.3 mDKK in 2023. The operating profit was 5414 kDKK, while net earnings were 4274 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent and Return on Equity (ROE) was 5.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 71.1 %, 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. L&P Springs Denmark ApS'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.