Læsø Tangtage A/S — Credit Rating and Financial Key Figures

Læsø Tangtage A/S (CVR number: 38154737) is a company from LÆSØ. The company recorded a gross profit of 142.9 kDKK in 2023. The operating profit was -207.6 kDKK, while net earnings were -163.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.1 %, which can be considered poor and Return on Equity (ROE) was -24.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Læsø Tangtage A/S's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.