LUNDE VOGN ADM ApS — Credit Rating and Financial Key Figures

LUNDE VOGN ADM ApS (CVR number: 36038152) is a company from NORDFYNS. The company recorded a gross profit of 23.4 mDKK in 2023. The operating profit was 1731.6 kDKK, while net earnings were 835.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent but Return on Equity (ROE) was 31.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 5.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. LUNDE VOGN ADM ApS's liquidity measured by quick ratio was 1.9 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.