LM GRØNLAND ApS — Credit Rating and Financial Key Figures

LM GRØNLAND ApS (CVR number: 12644620) is a company from QEQQATA. The company recorded a gross profit of 572.7 kDKK in 2024. The operating profit was -26.8 kDKK, while net earnings were -34.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.8 %, which can be considered poor and Return on Equity (ROE) was -25.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 61.5 %, 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. LM GRØNLAND ApS's liquidity measured by quick ratio was 2.6 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.