LARSEN & SØRENSEN HOLDING A/S — Credit Rating and Financial Key Figures

LARSEN & SØRENSEN HOLDING A/S (CVR number: 17188089) is a company from Brønderslev. The company recorded a gross profit of 923.1 kDKK in 2023. The operating profit was 297.3 kDKK, while net earnings were -675.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.7 %, which can be considered poor and Return on Equity (ROE) was -9.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 57.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. LARSEN & SØRENSEN HOLDING A/S's liquidity measured by quick ratio was 2.4 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.