LARSEN & CHRISTENSEN A/S — Credit Rating and Financial Key Figures

LARSEN & CHRISTENSEN A/S (CVR number: 21411302) is a company from BILLUND. The company recorded a gross profit of 3328.1 kDKK in 2023. The operating profit was 331.4 kDKK, while net earnings were 268.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.6 %, which can be considered good and Return on Equity (ROE) was 13.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 55.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. LARSEN & CHRISTENSEN A/S's liquidity measured by quick ratio was 2.2 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.