LARS BANG A/S — Credit Rating and Financial Key Figures

LARS BANG A/S (CVR number: 35837493) is a company from VORDINGBORG. The company recorded a gross profit of 8282.7 kDKK in 2023. The operating profit was 494.9 kDKK, while net earnings were 251.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, which can be considered decent but Return on Equity (ROE) was 11.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 33.3 %, 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 BANG A/S's liquidity measured by quick ratio was 1.3 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.