Erik Larsen & Søn Holding ApS — Credit Rating and Financial Key Figures

Erik Larsen & Søn Holding ApS (CVR number: 38517546) is a company from GLOSTRUP. The company recorded a gross profit of -26 kDKK in 2023. The operating profit was -26 kDKK, while net earnings were 11.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 37.7 %, which can be considered excellent and Return on Equity (ROE) was 65.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Erik Larsen & Søn Holding ApS's liquidity measured by quick ratio was 1.7 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.