LARS SKOVGAARD ApS — Credit Rating and Financial Key Figures

LARS SKOVGAARD ApS (CVR number: 29225699) is a company from VEJLE. The company recorded a gross profit of 390.8 kDKK in 2023. The operating profit was 259 kDKK, while net earnings were 26.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 27.5 %, which can be considered excellent and Return on Equity (ROE) was 27 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 89.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LARS SKOVGAARD ApS's liquidity measured by quick ratio was 6.1 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.