LY Business ApS — Credit Rating and Financial Key Figures

LY Business ApS (CVR number: 38404806) is a company from AALBORG. The company recorded a gross profit of 601 kDKK in 2018. The operating profit was -27 kDKK, while net earnings were -27.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.7 %, which can be considered poor and Return on Equity (ROE) was -13.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -33.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. LY Business 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.