Lars Bolvig ApS — Credit Rating and Financial Key Figures

Lars Bolvig ApS (CVR number: 40531084) is a company from VEJLE. The company recorded a gross profit of 319.4 kDKK in 2022. The operating profit was 61.6 kDKK, while net earnings were 47.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 35.8 %, which can be considered excellent and Return on Equity (ROE) was 42.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.5 %, 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 Bolvig ApS's liquidity measured by quick ratio was 3.1 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.