LB - Tag ApS — Credit Rating and Financial Key Figures

LB - Tag ApS (CVR number: 36503769) is a company from ODENSE. The company recorded a gross profit of 4593.8 kDKK in 2023. The operating profit was 284.3 kDKK, while net earnings were 220.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.5 %, which can be considered good and Return on Equity (ROE) was 13.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 60.4 %, 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. LB - Tag ApS's liquidity measured by quick ratio was 2.6 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.