A/S LEO CORDES VEST — Credit Rating and Financial Key Figures

A/S LEO CORDES VEST (CVR number: 31848687) is a company from Brønderslev. The company recorded a gross profit of -55.1 kDKK in 2018. The operating profit was -279.7 kDKK, while net earnings were -2971.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak but Return on Equity (ROE) was -4.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. A/S LEO CORDES VEST's liquidity measured by quick ratio was 762.7 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.