LARSEN STRINGS A/S — Credit Rating and Financial Key Figures

LARSEN STRINGS A/S (CVR number: 18623749) is a company from SØNDERBORG. The company recorded a gross profit of 31.4 mDKK in 2024. The operating profit was 7533.1 kDKK, while net earnings were 5741.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.4 %, which can be considered good and Return on Equity (ROE) was 11.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 69.7 %, 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. LARSEN STRINGS A/S'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.