Lollands Erhvervs- og Turismeudviklingsfond — Credit Rating and Financial Key Figures

Lollands Erhvervs- og Turismeudviklingsfond (CVR number: 40892206) is a company from LOLLAND. The company recorded a gross profit of -12.5 kDKK in 2023, demonstrating a decline of 0 % compared to the previous year. The operating profit was -12.5 kDKK, while net earnings were 4.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak and Return on Equity (ROE) was 0.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Lollands Erhvervs- og Turismeudviklingsfond's liquidity measured by quick ratio was 113.2 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.