LG Cars ApS — Credit Rating and Financial Key Figures

LG Cars ApS (CVR number: 41627476) is a company from RANDERS. The company recorded a gross profit of 188.6 kDKK in 2023. The operating profit was 176.8 kDKK, while net earnings were 100.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.6 %, which can be considered excellent and Return on Equity (ROE) was 29.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. LG Cars ApS's liquidity measured by quick ratio was 1.8 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.