LARS SKO ApS — Credit Rating and Financial Key Figures

LARS SKO ApS (CVR number: 26400023) is a company from HJØRRING. The company recorded a gross profit of 1987.3 kDKK in 2023. The operating profit was -22.8 kDKK, while net earnings were 13.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak and Return on Equity (ROE) was 0.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 64.2 %, 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. LARS SKO 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.