LEMVIG GASDISTRIBUTION A/S — Credit Rating and Financial Key Figures

LEMVIG GASDISTRIBUTION A/S (CVR number: 34452474) is a company from LEMVIG. The company reported a net sales of 36.3 mDKK in 2024, demonstrating a growth of 35.2 % compared to the previous year. The operating profit percentage was poor at -0.1 % (EBIT: -0 mDKK), while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak and Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 15.9 %, 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. LEMVIG GASDISTRIBUTION A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.