Ret&Råd Lyngby Advokatanpartsselskab — Credit Rating and Financial Key Figures

Ret&Råd Lyngby Advokatanpartsselskab (CVR number: 42997269) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 726.4 kDKK in 2023. The operating profit was 57.1 kDKK, while net earnings were 17.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak but Return on Equity (ROE) was 14.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 17.7 %, 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. Ret&Råd Lyngby Advokatanpartsselskab's liquidity measured by quick ratio was 5.6 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.