Lasse Nielsen Byg ApS — Credit Rating and Financial Key Figures

Lasse Nielsen Byg ApS (CVR number: 43438263) is a company from FREDERICIA. The company recorded a gross profit of 505.5 kDKK in 2023. The operating profit was 15.9 kDKK, while net earnings were 0.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.1 %, which can be considered good but Return on Equity (ROE) was 1.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 28.5 %, 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. Lasse Nielsen Byg ApS'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.