Larsens Detail & Handel ApS — Credit Rating and Financial Key Figures

Larsens Detail & Handel ApS (CVR number: 35659544) is a company from KALUNDBORG. The company reported a net sales of 1 mDKK in 2021, demonstrating a decline of -66.4 % compared to the previous year. The operating profit percentage was poor at -17.5 % (EBIT: -0.2 mDKK), while net earnings were -169.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -24.2 %, which can be considered poor and Return on Equity (ROE) was -60.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -24.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Larsens Detail & Handel ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.