MICHAEL R. LARSEN HOLDING ApS — Credit Rating and Financial Key Figures

MICHAEL R. LARSEN HOLDING ApS (CVR number: 33777132) is a company from FREDERIKSSUND. The company recorded a gross profit of -9.8 kDKK in 2023. The operating profit was -9.8 kDKK, while net earnings were 901.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.1 %, which can be considered decent and Return on Equity (ROE) was 7.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 72.9 %, 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. MICHAEL R. LARSEN HOLDING ApS's liquidity measured by quick ratio was 1.6 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.