AUT. VVS-INSTALLATØR LARS LYKKEGAARD ApS — Credit Rating and Financial Key Figures

AUT. VVS-INSTALLATØR LARS LYKKEGAARD ApS (CVR number: 10114861) is a company from AARHUS. The company recorded a gross profit of 4023.4 kDKK in 2023. The operating profit was 267.6 kDKK, while net earnings were 259.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.9 %, which can be considered good but Return on Equity (ROE) was 19.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.7 %, 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. AUT. VVS-INSTALLATØR LARS LYKKEGAARD 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.