Lars-Bach ApS — Credit Rating and Financial Key Figures

Lars-Bach ApS (CVR number: 39967081) is a company from KOLDING. The company recorded a gross profit of 616.8 kDKK in 2023. The operating profit was 19.5 kDKK, while net earnings were 17 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.8 %, which can be considered excellent and Return on Equity (ROE) was 30.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Lars-Bach ApS's liquidity measured by quick ratio was 2.7 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.