LYNGE OLSEN HOLDING A/S — Credit Rating and Financial Key Figures

LYNGE OLSEN HOLDING A/S (CVR number: 89953413) is a company from KØGE. The company recorded a gross profit of -49.3 kDKK in 2023. The operating profit was -730.2 kDKK, while net earnings were -97 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.6 %, which can be considered good but Return on Equity (ROE) was -0.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.4 %, 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. LYNGE OLSEN HOLDING A/S's liquidity measured by quick ratio was 2 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.