LGC Biosearch Technologies A/S — Credit Rating and Financial Key Figures

LGC Biosearch Technologies A/S (CVR number: 34884900) is a company from AARHUS. The company reported a net sales of 105.6 mDKK in 2023, demonstrating a decline of -10.5 % compared to the previous year. The operating profit percentage was at 3.3 % (EBIT: 3.5 mDKK), while net earnings were 2559.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak and Return on Equity (ROE) was 3.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 80.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LGC Biosearch Technologies A/S's liquidity measured by quick ratio was 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.