Tømrerfirmaet Lars Mortensen ApS — Credit Rating and Financial Key Figures

Tømrerfirmaet Lars Mortensen ApS (CVR number: 41474165) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 524.2 kDKK in 2023. The operating profit was 84.1 kDKK, while net earnings were 82.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.8 %, which can be considered decent but Return on Equity (ROE) was 28.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27.7 %, 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. Tømrerfirmaet Lars Mortensen ApS's liquidity measured by quick ratio was 1.3 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.