David Lorentzen ApS — Credit Rating and Financial Key Figures

David Lorentzen ApS (CVR number: 39495376) is a company from NORDFYNS. The company recorded a gross profit of 169 kDKK in 2023. The operating profit was -23.4 kDKK, while net earnings were -24.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -21.1 %, which can be considered poor and Return on Equity (ROE) was -45.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35.1 %, 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. David Lorentzen ApS's liquidity measured by quick ratio was 1.5 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.