LS HANDSKER ApS — Credit Rating and Financial Key Figures

LS HANDSKER ApS (CVR number: 36031891) is a company from HEDENSTED. The company recorded a gross profit of 119.5 kDKK in 2023. The operating profit was 74.2 kDKK, while net earnings were 223.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16 %, which can be considered excellent and Return on Equity (ROE) was 31.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.7 %, 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. LS HANDSKER ApS's liquidity measured by quick ratio was 0.4 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.