LAUGE FOOD SELECTION A/S — Credit Rating and Financial Key Figures

LAUGE FOOD SELECTION A/S (CVR number: 32324754) is a company from MIDDELFART. The company recorded a gross profit of 11.8 mDKK in 2022. The operating profit was 4883.7 kDKK, while net earnings were 3544.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11 %, which can be considered good but Return on Equity (ROE) was 21.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.8 %, 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. LAUGE FOOD SELECTION A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.