LARS ERIKSEN HOLDING ApS — Credit Rating and Financial Key Figures

LARS ERIKSEN HOLDING ApS (CVR number: 29921407) is a company from BALLERUP. The company reported a net sales of -0.1 mDKK in 2023, demonstrating a growth of -67 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0.1 mDKK), while net earnings were 15.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak and Return on Equity (ROE) was 0.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 93.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LARS ERIKSEN HOLDING ApS's liquidity measured by quick ratio was 17.7 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.