Larsen Entreprenørforretning 2023 A/S

Larsen Entreprenørforretning 2023 A/S (CVR number: 40112308) is a company from THISTED. The company recorded a gross profit of 5561.9 kDKK in 2021. The operating profit was 621.1 kDKK, while net earnings were 351 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13 %, which can be considered good but Return on Equity (ROE) was 29.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.4 %, 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 Entreprenørforretning 2023 A/S's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.