Bie Larsen Brande ApS — Credit Rating and Financial Key Figures

Bie Larsen Brande ApS (CVR number: 40577130) is a company from VEJLE. The company recorded a gross profit of 9922.7 kDKK in 2023. The operating profit was 9948.7 kDKK, while net earnings were 8396 kDKK. The profitability of the company measured by Return on Assets (ROA) was 96.5 %, which can be considered excellent and Return on Equity (ROE) was 126.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 81 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Bie Larsen Brande ApS's liquidity measured by quick ratio was 5.3 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.