Lykke Express ApS — Credit Rating and Financial Key Figures

Lykke Express ApS (CVR number: 38658972) is a company from FAVRSKOV. The company recorded a gross profit of 211 kDKK in 2018. The operating profit was 82.9 kDKK, while net earnings were 64.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 56.4 %, which can be considered excellent and Return on Equity (ROE) was 74.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Lykke Express ApS's liquidity measured by quick ratio was 2.1 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.