LARSEN & JENSEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LARSEN & JENSEN ApS
LARSEN & JENSEN ApS (CVR number: 21706671) is a company from FREDERIKSSUND. The company recorded a gross profit of -6.3 kDKK in 2023. The operating profit was -6.3 kDKK, while net earnings were 172.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent and Return on Equity (ROE) was 5.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 96.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LARSEN & JENSEN ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -4.80 | -4.80 | -5.00 | -5.00 | -6.25 |
EBIT | -4.80 | -4.80 | -5.00 | -5.00 | -6.25 |
Net earnings | -62.43 | 184.11 | 154.19 | 601.64 | 172.35 |
Shareholders equity total | 2 808.74 | 2 892.85 | 2 967.04 | 3 568.68 | 2 641.03 |
Balance sheet total (assets) | 2 966.23 | 3 130.25 | 3 322.15 | 4 090.73 | 2 747.66 |
Net debt | 100.87 | 231.01 | 324.05 | 342.92 | 62.94 |
Profitability | |||||
EBIT-% | |||||
ROA | -2.1 % | 6.1 % | 4.7 % | 16.2 % | 5.2 % |
ROE | -2.2 % | 6.5 % | 5.3 % | 18.4 % | 5.6 % |
ROI | -2.1 % | 6.1 % | 4.8 % | 16.6 % | 5.3 % |
Economic value added (EVA) | -6.37 | -10.50 | -4.99 | -0.73 | 10.11 |
Solvency | |||||
Equity ratio | 94.7 % | 92.4 % | 89.3 % | 87.2 % | 96.1 % |
Gearing | 3.7 % | 8.0 % | 11.0 % | 9.9 % | 2.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.8 | 1.1 | 0.8 | 0.9 | 1.5 |
Current ratio | 1.8 | 1.1 | 0.8 | 0.9 | 1.5 |
Cash and cash equivalents | 1.79 | 1.64 | 2.26 | 10.18 | 7.99 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | AA | AAA | A |
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