J. LAURITZEN A/S — Credit Rating and Financial Key Figures

J. LAURITZEN A/S (CVR number: 41407360K) is a company from GENTOFTE. The company reported a net sales of 637.7 mUSD in 2023, demonstrating a decline of -33 % compared to the previous year. The operating profit percentage was at 3.4 % (EBIT: 21.5 mUSD), while net earnings were 59 mUSD. The profitability of the company measured by Return on Assets (ROA) was 12.1 %, which can be considered good and Return on Equity (ROE) was 12.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 71.6 %, 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. J. LAURITZEN A/S's liquidity measured by quick ratio was 2.6 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.