MICHAEL B. LARSEN ApS — Credit Rating and Financial Key Figures

MICHAEL B. LARSEN ApS (CVR number: 29932204) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -49.6 kDKK in 2024. The operating profit was -49.6 kDKK, while net earnings were 1187.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.1 %, which can be considered excellent and Return on Equity (ROE) was 17 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 96.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAEL B. LARSEN ApS's liquidity measured by quick ratio was 30 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.