LAXO ApS — Credit Rating and Financial Key Figures

LAXO ApS (CVR number: 29637164) is a company from GENTOFTE. The company recorded a gross profit of -14.9 kDKK in 2023. The operating profit was -14.9 kDKK, while net earnings were 167.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak but Return on Equity (ROE) was 5.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at -36 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. LAXO ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.