LBN Properties ApS — Credit Rating and Financial Key Figures

LBN Properties ApS (CVR number: 37586773) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 593.3 kDKK in 2022. The operating profit was 359.6 kDKK, while net earnings were 510.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.3 %, which can be considered good and Return on Equity (ROE) was 12.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at -2.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. LBN Properties ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.