LOXAM DENMARK HOLDING A/S — Credit Rating and Financial Key Figures

LOXAM DENMARK HOLDING A/S (CVR number: 30705297K) is a company from ALBERTSLUND. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -201 kDKK, while net earnings were 80.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.7 %, which can be considered good but Return on Equity (ROE) was 42.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 15.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. LOXAM DENMARK HOLDING A/S's liquidity measured by quick ratio was 7.9 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.