LuMi Asfalt ApS — Credit Rating and Financial Key Figures

LuMi Asfalt ApS (CVR number: 42066095) is a company from KØGE. The company reported a net sales of 1.1 mDKK in 2022, demonstrating a growth of 31 % compared to the previous year. The operating profit percentage was poor at -15 % (EBIT: -0.2 mDKK), while net earnings were -134 kDKK. The profitability of the company measured by Return on Assets (ROA) was -54.1 %, which can be considered poor and Return on Equity (ROE) was -64.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -19.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. LuMi Asfalt ApS's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.