Erik Larsen & Søn Glostrup ApS — Credit Rating and Financial Key Figures

Erik Larsen & Søn Glostrup ApS (CVR number: 66068714) is a company from GLOSTRUP. The company recorded a gross profit of 14.1 mDKK in 2023. The operating profit was 5441.1 kDKK, while net earnings were 4255.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 32.9 %, which can be considered excellent and Return on Equity (ROE) was 52.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.6 %, 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. Erik Larsen & Søn Glostrup ApS's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.