J. LARSEN HOLDING ApS — Credit Rating and Financial Key Figures

J. LARSEN HOLDING ApS (CVR number: 27432808) is a company from KALUNDBORG. The company reported a net sales of 2 mDKK in 2023, demonstrating a decline of -9.9 % compared to the previous year. The operating profit percentage was at 98.7 % (EBIT: 2 mDKK), while net earnings were 1616.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.9 %, which can be considered good but Return on Equity (ROE) was 27.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.6 %, 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. J. LARSEN HOLDING ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.