TØMRERMESTER LARS TOVGAARD ApS — Credit Rating and Financial Key Figures

TØMRERMESTER LARS TOVGAARD ApS (CVR number: 28521448) is a company from VEJLE. The company recorded a gross profit of 6484.8 kDKK in 2023. The operating profit was 301.7 kDKK, while net earnings were 160.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.2 %, which can be considered decent but Return on Equity (ROE) was 8.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 20.8 %, 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. TØMRERMESTER LARS TOVGAARD ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.