LINDE EJENDOMME ApS — Credit Rating and Financial Key Figures

LINDE EJENDOMME ApS (CVR number: 29622507) is a company from VARDE. The company recorded a gross profit of 430.1 kDKK in 2023. The operating profit was 373.9 kDKK, while net earnings were 230.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent but Return on Equity (ROE) was 3.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -14.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. LINDE EJENDOMME ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.