LARS OLE KORNUM ApS — Credit Rating and Financial Key Figures

LARS OLE KORNUM ApS (CVR number: 10695880) is a company from GENTOFTE. The company recorded a gross profit of -33.2 kDKK in 2024. The operating profit was -33.2 kDKK, while net earnings were -14.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak but Return on Equity (ROE) was -25.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 32.3 %, 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. LARS OLE KORNUM 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.