LG Øens 2016 ApS — Credit Rating and Financial Key Figures

LG Øens 2016 ApS (CVR number: 82539816) is a company from BORNHOLMS REGIONSKOMMUNE. The company recorded a gross profit of 43.4 kDKK in 2016. The operating profit was 43.4 kDKK, while net earnings were 2.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8 %, which can be considered good but Return on Equity (ROE) was 0.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 69.8 %, 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. LG Øens 2016 ApS's liquidity measured by quick ratio was 3.3 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.