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LARSEN & ERIKSEN Co. ApS

CVR number: 38536745
Gammel Kongevej 140 B, 1850 Frederiksberg C
hello@larseneriksen.com
tel: 29852285
www.larseneriksen.com

Credit rating

Company information

Official name
LARSEN & ERIKSEN Co. ApS
Established
2017
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About the company

LARSEN & ERIKSEN Co. ApS (CVR number: 38536745) is a company from FREDERIKSBERG. The company recorded a gross profit of 36.8 kDKK in 2022. The operating profit was -565.4 kDKK, while net earnings were -687.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -21.3 %, which can be considered poor and Return on Equity (ROE) was -44 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -39.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. LARSEN & ERIKSEN Co. ApS'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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20182019202020212022
Volume
Net sales
Gross profit126.38374.72855.59319.4936.76
EBIT22.23138.93-23.87- 826.37- 565.38
Net earnings1.3790.16-36.05- 883.79- 687.75
Shareholders equity total77.94168.10132.05- 751.74-1 439.48
Balance sheet total (assets)491.24550.82866.03909.832 213.36
Net debt329.60224.23348.311 048.21944.42
Profitability
EBIT-%
ROA5.5 %26.7 %-3.2 %-65.4 %-21.3 %
ROE1.8 %73.3 %-24.0 %-169.7 %-44.0 %
ROI6.7 %33.3 %-5.0 %-107.8 %-30.7 %
Economic value added (EVA)17.14105.54-31.67- 832.84- 545.97
Solvency
Equity ratio15.9 %30.5 %15.2 %-45.2 %-39.4 %
Gearing450.7 %141.0 %266.2 %-139.6 %-183.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.51.00.50.21.7
Current ratio1.11.31.00.62.0
Cash and cash equivalents21.7112.863.221.501 693.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-21.3%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Equity ratio:-39.4%
Rating: 0/100
-1%
21%
50%
81%
99%
100%

Roles

Chief executive officer
Chief executive officer

Companies in the same industry

Build time: 2024-06-14T09:40:32.626Z

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