Dykkerfirmaet Frank Larsen ApS — Credit Rating and Financial Key Figures

Dykkerfirmaet Frank Larsen ApS (CVR number: 40156178) is a company from SVENDBORG. The company recorded a gross profit of 731.7 kDKK in 2022. The operating profit was 341.5 kDKK, while net earnings were 231.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.2 %, which can be considered excellent but Return on Equity (ROE) was 12.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at -14.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Dykkerfirmaet Frank Larsen ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.