Local Roots ApS — Credit Rating and Financial Key Figures

Local Roots ApS (CVR number: 37259063) is a company from KØBENHAVN. The company recorded a gross profit of 174.4 kDKK in 2023. The operating profit was 174.4 kDKK, while net earnings were 106 kDKK. The profitability of the company measured by Return on Assets (ROA) was 72.2 %, which can be considered excellent and Return on Equity (ROE) was 122.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 11.5 %, 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. Local Roots ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.