THISTED VVS & BLIKKENSLAGERFORRETNING - LARS HANDEST A/S — Credit Rating and Financial Key Figures

THISTED VVS & BLIKKENSLAGERFORRETNING - LARS HANDEST A/S (CVR number: 27510515) is a company from THISTED. The company reported a net sales of 6.1 mDKK in 2023, demonstrating a decline of -32.6 % compared to the previous year. The operating profit percentage was at 8.5 % (EBIT: 0.5 mDKK), while net earnings were 349.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.8 %, which can be considered good but Return on Equity (ROE) was 16.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 48.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. THISTED VVS & BLIKKENSLAGERFORRETNING - LARS HANDEST 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.