Laursen Engros Biler ApS — Credit Rating and Financial Key Figures

Laursen Engros Biler ApS (CVR number: 43129260) is a company from HORSENS. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was 0 kDKK, while net earnings were 26.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered poor but Return on Equity (ROE) was 27.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77.3 %, 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. Laursen Engros Biler ApS's liquidity measured by quick ratio was 3.4 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.