P. Larsen Hobro Holding ApS — Credit Rating and Financial Key Figures

P. Larsen Hobro Holding ApS (CVR number: 41697806) is a company from MARIAGERFJORD. The company reported a net sales of 0.8 mDKK in 2023, demonstrating a growth of 87 % compared to the previous year. The operating profit percentage was at 98.5 % (EBIT: 0.8 mDKK), while net earnings were 738.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.2 %, which can be considered good but Return on Equity (ROE) was 20 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. P. Larsen Hobro Holding ApS's liquidity measured by quick ratio was 1.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.