Lyng & Co Accounting ApS — Credit Rating and Financial Key Figures

Lyng & Co Accounting ApS (CVR number: 44075288) is a company from HOLBÆK. The company reported a net sales of 0.5 mDKK in 2023. The operating profit percentage was at 3.2 % (EBIT: 0 mDKK), while net earnings were 12.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.7 %, which can be considered good but Return on Equity (ROE) was 23.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Lyng & Co Accounting ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.