Local Spirits Distilled ApS — Credit Rating and Financial Key Figures

Local Spirits Distilled ApS (CVR number: 41140208) is a company from GENTOFTE. The company recorded a gross profit of -40.8 kDKK in 2023. The operating profit was -40.8 kDKK, while net earnings were -31.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -37.9 %, which can be considered poor and Return on Equity (ROE) was -43.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63.7 %, 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. Local Spirits Distilled ApS's liquidity measured by quick ratio was 3 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.