LB FORMUEADMINISTRATION HOLDING A/S — Credit Rating and Financial Key Figures

LB FORMUEADMINISTRATION HOLDING A/S (CVR number: 70672111) is a company from KØGE. The company recorded a gross profit of -22.4 kDKK in 2023. The operating profit was -22.4 kDKK, while net earnings were 208.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8 %, which can be considered good but Return on Equity (ROE) was 7.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 96.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LB FORMUEADMINISTRATION HOLDING A/S's liquidity measured by quick ratio was 22.4 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.