LAURSEN BILER ApS — Credit Rating and Financial Key Figures

LAURSEN BILER ApS (CVR number: 31497728) is a company from HORSENS. The company recorded a gross profit of 2009.7 kDKK in 2023. The operating profit was 149 kDKK, while net earnings were 82.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent and Return on Equity (ROE) was 6.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 20.6 %, 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. LAURSEN BILER ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.