LM Wrap ApS — Credit Rating and Financial Key Figures

LM Wrap ApS (CVR number: 41399554) is a company from LEMVIG. The company recorded a gross profit of -56.1 kDKK in 2023. The operating profit was -56.6 kDKK, while net earnings were -88.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.2 %, which can be considered poor and Return on Equity (ROE) was -25.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 66.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. LM Wrap ApS's liquidity measured by quick ratio was 3 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.