NIELS ERLING LARSEN HOLDING ApS — Credit Rating and Financial Key Figures

NIELS ERLING LARSEN HOLDING ApS (CVR number: 29824215) is a company from MORSØ. The company recorded a gross profit of 19.7 kDKK in 2024. The operating profit was -9.5 kDKK, while net earnings were 442.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10 %, which can be considered good and Return on Equity (ROE) was 12.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 76.7 %, 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. NIELS ERLING LARSEN HOLDING 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.