Lauridsens Møbler ApS — Credit Rating and Financial Key Figures

Lauridsens Møbler ApS (CVR number: 33164785) is a company from VARDE. The company recorded a gross profit of 6372.8 kDKK in 2023. The operating profit was 3360.5 kDKK, while net earnings were 2786.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 39 %, which can be considered excellent and Return on Equity (ROE) was 58.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63 %, 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. Lauridsens Møbler 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.