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

A/S LEO CORDES ØST (CVR number: 31848679) is a company from Brønderslev. The company recorded a gross profit of -4 kDKK in 2018. The operating profit was -255.1 kDKK, while net earnings were -3365.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent but Return on Equity (ROE) was -4.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.8 %, 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 ØST's liquidity measured by quick ratio was 616.4 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.