LEMMO ApS — Credit Rating and Financial Key Figures

LEMMO ApS (CVR number: 33083491) is a company from VEJEN. The company reported a net sales of 8 mDKK in 2023, demonstrating a growth of 18.4 % compared to the previous year. The operating profit percentage was at 99.5 % (EBIT: 7.9 mDKK), while net earnings were 7745 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.9 %, which can be considered excellent and Return on Equity (ROE) was 33.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 79.9 %, 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. LEMMO ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.