From losing nearly DKK 1.6 bil in 2004, or a third of the previous year's equity, The Lego Group has made an incredible recovery. In 2012, the privately held manufacturer of toys based in Billund, Denmark made a net profit of nearly DKK 5.6 bil. Compared to the year 2004, Company's sales have increased 3.5-fold to DKK 23.4 bil while average ROE reached 73% in 2010-2012. That's without any debt, of course...