LGG ApS — Credit Rating and Financial Key Figures

LGG ApS (CVR number: 34464197) is a company from FREDERIKSSUND. The company recorded a gross profit of 1660.9 kDKK in 2023. The operating profit was 1410.3 kDKK, while net earnings were 1041.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 46 %, which can be considered excellent and Return on Equity (ROE) was 95 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. LGG ApS's liquidity measured by quick ratio was 0 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.