Dykkerfirmaet Frank Larsen ApS — Credit Rating and Financial Key Figures

CVR number: 40156178
Sankt Jørgens Vej 4, 5700 Svendborg
dykkerfranklarsen@gmail.com

Credit rating

Company information

Official name
Dykkerfirmaet Frank Larsen ApS
Personnel
1 person
Established
2019
Company form
Private limited company
Industry
  • Expand more icon52Warehousing and support activities for transportation

About Dykkerfirmaet Frank Larsen ApS

Dykkerfirmaet Frank Larsen ApS (CVR number: 40156178) is a company from SVENDBORG. The company recorded a gross profit of 486.5 kDKK in 2024. The operating profit was -43.3 kDKK, while net earnings were -49 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.9 %, which can be considered poor and Return on Equity (ROE) was -147.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 0.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Dykkerfirmaet Frank Larsen ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit482.92447.42731.701 170.17486.45
EBIT44.22-15.09341.53530.51-43.33
Net earnings16.85-31.50231.88393.54-49.01
Shareholders equity total- 536.28- 567.78- 335.9057.648.64
Balance sheet total (assets)1 846.181 626.621 965.352 330.811 921.73
Net debt1 816.071 690.95888.31791.341 232.95
Profitability
EBIT-%
ROA2.2 %-0.7 %15.2 %22.9 %-1.9 %
ROE1.1 %-1.8 %12.9 %38.9 %-147.9 %
ROI2.4 %-0.7 %16.2 %27.0 %-2.2 %
Economic value added (EVA)63.3330.07299.32486.686.99
Solvency
Equity ratio-22.5 %-25.9 %-14.6 %2.5 %0.4 %
Gearing-395.4 %-370.0 %-630.9 %2989.0 %20174.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.40.60.80.8
Current ratio0.50.40.60.80.8
Cash and cash equivalents304.34409.891 230.93931.52509.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-1.89%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:0.45%
Rating: 1/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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