Indochina Explorers ApS — Credit Rating and Financial Key Figures

Indochina Explorers ApS (CVR number: 43476734) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 242.7 kDKK in 2023. The operating profit was 152.7 kDKK, while net earnings were 121.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 71 %, which can be considered excellent and Return on Equity (ROE) was 75.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 73.2 %, 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. Indochina Explorers ApS's liquidity measured by quick ratio was 3.7 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.