LARS BILGAARD HOLDING ApS — Credit Rating and Financial Key Figures

LARS BILGAARD HOLDING ApS (CVR number: 32345247) is a company from ODENSE. The company reported a net sales of 0.5 mDKK in 2023, demonstrating a decline of -50 % compared to the previous year. The operating profit percentage was at 97.3 % (EBIT: 0.5 mDKK), while net earnings were 367.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.4 %, which can be considered good and Return on Equity (ROE) was 10.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 72.6 %, 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 BILGAARD HOLDING ApS's liquidity measured by quick ratio was 5.6 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.