Larsen Bilsyn af 1. januar 2019 IvS — Credit Rating and Financial Key Figures

Larsen Bilsyn af 1. januar 2019 IvS (CVR number: 40032576) is a company from KØBENHAVN. The company reported a net sales of 1.7 mDKK in 2019. The operating profit percentage was at 3.3 % (EBIT: 0.1 mDKK), while net earnings were 13 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.8 %, which can be considered decent but Return on Equity (ROE) was 72.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 2.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Larsen Bilsyn af 1. januar 2019 IvS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.