LOCAL ENERGY A/S — Credit Rating and Financial Key Figures

LOCAL ENERGY A/S (CVR number: 31362482) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -281.4 kDKK in 2024. The operating profit was -1761.7 kDKK, while net earnings were 6061.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 69.5 %, 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 ENERGY A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.