TØMRERFIRMAET MICHAEL LARSEN ApS — Credit Rating and Financial Key Figures

TØMRERFIRMAET MICHAEL LARSEN ApS (CVR number: 29976082) is a company from Brønderslev. The company recorded a gross profit of 2319.3 kDKK in 2024. The operating profit was 379.6 kDKK, while net earnings were 491.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.6 %, which can be considered good but Return on Equity (ROE) was 17 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 43.4 %, 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. TØMRERFIRMAET MICHAEL LARSEN 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.