LARSEN RESERVOIR ApS — Credit Rating and Financial Key Figures

LARSEN RESERVOIR ApS (CVR number: 32774164) is a company from ODSHERRED. The company reported a net sales of 0.1 mDKK in 2018, demonstrating a decline of -74.6 % compared to the previous year. The operating profit percentage was at 9.2 % (EBIT: 0 mDKK), while net earnings were 7.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak and Return on Equity (ROE) was 3.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 63.3 %, 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. LARSEN RESERVOIR ApS's liquidity measured by quick ratio was 2.7 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.