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 49 kDKK in 2024. The operating profit was 31.8 kDKK, while net earnings were -9.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak but Return on Equity (ROE) was -2.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 42.9 %, 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 1.5 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.