LASSEN RICARD ADVOKATAKTIESELSKAB — Credit Rating and Financial Key Figures

LASSEN RICARD ADVOKATAKTIESELSKAB (CVR number: 16725641) is a company from KØBENHAVN. The company reported a net sales of 47.6 mDKK in 2023, demonstrating a decline of -3.1 % compared to the previous year. The operating profit percentage was at 2.7 % (EBIT: 1.3 mDKK), while net earnings were 1021.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent but Return on Equity (ROE) was 64.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 7.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. LASSEN RICARD ADVOKATAKTIESELSKAB'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.