L.B. FINANS HORSENS ApS — Credit Rating and Financial Key Figures

L.B. FINANS HORSENS ApS (CVR number: 29205582) is a company from HEDENSTED. The company recorded a gross profit of 233.9 kDKK in 2023. The operating profit was 183.3 kDKK, while net earnings were 933.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.9 %, which can be considered good and Return on Equity (ROE) was 12 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 85.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. L.B. FINANS HORSENS ApS's liquidity measured by quick ratio was 3.3 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.