LARS AASKOV HOLDING ApS — Credit Rating and Financial Key Figures

LARS AASKOV HOLDING ApS (CVR number: 29241988) is a company from ODENSE. The company recorded a gross profit of 552.1 kDKK in 2023. The operating profit was 414.1 kDKK, while net earnings were 32.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak and Return on Equity (ROE) was 0.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 28.2 %, 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. LARS AASKOV HOLDING ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.