LEIF LARSEN AUTOHANDEL ApS

LEIF LARSEN AUTOHANDEL ApS (CVR number: 17784404) is a company from MIDDELFART. The company recorded a gross profit of 730.6 kDKK in 2023. The operating profit was 418.7 kDKK, while net earnings were 185.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.2 %, which can be considered decent but Return on Equity (ROE) was 15.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 16.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. LEIF LARSEN AUTOHANDEL 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.