OTTO LARSEN HOLDING A/S — Credit Rating and Financial Key Figures

OTTO LARSEN HOLDING A/S (CVR number: 26789206K) is a company from SILKEBORG. The company recorded a gross profit of 36.4 mDKK in 2021. The operating profit was 22 mDKK, while net earnings were 16.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 33.1 %, which can be considered excellent and Return on Equity (ROE) was 46 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. OTTO LARSEN HOLDING A/S's liquidity measured by quick ratio was 2.3 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.