AAGE VESTERGAARD LARSEN A/S — Credit Rating and Financial Key Figures

AAGE VESTERGAARD LARSEN A/S (CVR number: 34228914) is a company from MARIAGERFJORD. The company recorded a gross profit of 44 mDKK in 2024. The operating profit was 8626.4 kDKK, while net earnings were 5430.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.8 %, which can be considered good and Return on Equity (ROE) was 14.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 38.5 %, 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. AAGE VESTERGAARD LARSEN A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.