LANDES ApS — Credit Rating and Financial Key Figures

LANDES ApS (CVR number: 25539516) is a company from VARDE. The company recorded a gross profit of -18 kDKK in 2024. The operating profit was -18 kDKK, while net earnings were -58.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak but Return on Equity (ROE) was -1.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LANDES ApS's liquidity measured by quick ratio was 32.4 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.