LATIN'S ApS — Credit Rating and Financial Key Figures

LATIN'S ApS (CVR number: 25197321) is a company from KØBENHAVN. The company reported a net sales of 17.2 mDKK in 2023, demonstrating a growth of 1.5 % compared to the previous year. The operating profit percentage was poor at -57.3 % (EBIT: -9.8 mDKK), while net earnings were -8846.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.3 %, which can be considered poor and Return on Equity (ROE) was -2.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 92.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LATIN'S ApS's liquidity measured by quick ratio was 1.9 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.