Lars E. Nielsen ApS — Credit Rating and Financial Key Figures

Lars E. Nielsen ApS (CVR number: 38755447) is a company from KØGE. The company recorded a gross profit of 21.5 mDKK in 2023. The operating profit was 6046.3 kDKK, while net earnings were 4471.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.4 %, which can be considered excellent and Return on Equity (ROE) was 35.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 48.4 %, 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. Lars E. Nielsen ApS's liquidity measured by quick ratio was 1.2 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.