NICOLAISEN & LARSEN A/S

NICOLAISEN & LARSEN A/S (CVR number: 45150615) is a company from HOLSTEBRO. The company reported a net sales of 119 mDKK in 2023, demonstrating a decline of -18.4 % compared to the previous year. The operating profit percentage was poor at -7.9 % (EBIT: -9.4 mDKK), while net earnings were -11.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was -7.6 %, which can be considered poor and Return on Equity (ROE) was -32.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.6 %, 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. NICOLAISEN & LARSEN A/S's liquidity measured by quick ratio was 2.7 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.