LARS RAVN NIELSEN HOLDING ApS — Credit Rating and Financial Key Figures

LARS RAVN NIELSEN HOLDING ApS (CVR number: 33965869) is a company from HORSENS. The company recorded a gross profit of -10 kDKK in 2019. The operating profit was -10 kDKK, while net earnings were 37.6 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 10.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 49.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. LARS RAVN NIELSEN HOLDING ApS's liquidity measured by quick ratio was 2 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.