LARSEN & ERIKSEN ApS

CVR number: 38021877
Gøgevænget 12 A, Gadevang 3400 Hillerød
hello@larseneriksen.com
tel: 22125500
www.larseneriksen.com

Credit rating

Company information

Official name
LARSEN & ERIKSEN ApS
Personnel
1 person
Established
2016
Domicile
Gadevang
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About LARSEN & ERIKSEN ApS

LARSEN & ERIKSEN ApS (CVR number: 38021877) is a company from HILLERØD. The company reported a net sales of -2.4 mDKK in 2023. The operating profit percentage was poor at 0 % (EBIT: -2.4 mDKK), while net earnings were -2412.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -171.4 %, which can be considered poor and Return on Equity (ROE) was -206.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 32.1 %, 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 & ERIKSEN ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales-2 407.72
Gross profit-10.13-16.51-16.53-10.94-2 413.34
EBIT-10.13- 204.56-16.53-10.94-2 413.34
Net earnings-10.15- 205.48-11.50-65.89-2 412.27
Shareholders equity total-71.60- 277.08- 288.58- 354.4661.40
Balance sheet total (assets)100.2065.1350.002 270.59191.14
Net debt159.80204.48208.372 503.135.73
Profitability
EBIT-%
ROA-6.1 %-79.6 %-4.9 %2.6 %-171.4 %
ROE-10.1 %-248.6 %-20.0 %-5.7 %-206.9 %
ROI-6.5 %-111.8 %-8.0 %-4.5 %-187.8 %
Economic value added (EVA)-4.52- 198.455.556.08-2 394.27
Solvency
Equity ratio-41.7 %-81.0 %-85.2 %-13.5 %32.1 %
Gearing-223.2 %-74.3 %-72.2 %-706.2 %9.3 %
Relative net indebtedness %-5.4 %
Liquidity
Quick ratio0.30.018.60.0
Current ratio0.30.018.60.0
Cash and cash equivalents1.53
Capital use efficiency
Trade debtors turnover (days)
Net working capital %5.3 %
Credit risk
Credit ratingBBBBC

Variable visualization

ROA:-171.4%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.1%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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