LARS MADSEN HOLDING ApS — Credit Rating and Financial Key Figures

LARS MADSEN HOLDING ApS (CVR number: 28309031) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 358.6 kDKK in 2023. The operating profit was 131.4 kDKK, while net earnings were 158.8 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 0.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 89.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LARS MADSEN HOLDING 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.