Larsen Handel IVS — Credit Rating and Financial Key Figures

Larsen Handel IVS (CVR number: 37864722) is a company from SLAGELSE. The company recorded a gross profit of 10.5 kDKK in 2016. The operating profit was 10.5 kDKK, while net earnings were 8.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 50.8 %, which can be considered excellent and Return on Equity (ROE) was 100 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.6 %, 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. Larsen Handel IVS's liquidity measured by quick ratio was 1.7 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.