Lars Elbæk ApS — Credit Rating and Financial Key Figures

Lars Elbæk ApS (CVR number: 29428107) is a company from GENTOFTE. The company recorded a gross profit of 9649.9 kDKK in 2023. The operating profit was 5411.4 kDKK, while net earnings were 4204.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.4 %, which can be considered excellent and Return on Equity (ROE) was 33.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.7 %, 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. Lars Elbæk ApS's liquidity measured by quick ratio was 2.4 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.