LC Ejendomsudvikling IVS — Credit Rating and Financial Key Figures

LC Ejendomsudvikling IVS (CVR number: 37864137) is a company from AALBORG. The company recorded a gross profit of 30.9 kDKK in 2017. The operating profit was 30.9 kDKK, while net earnings were 12.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 167.8 %, which can be considered excellent and Return on Equity (ROE) was 100 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68.1 %, 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. LC Ejendomsudvikling IVS's liquidity measured by quick ratio was 3.1 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.