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LARSEN & ERIKSEN ApS

CVR number: 38021877
Læssøesgade 14 A, 2200 København N
hello@larseneriksen.com
tel: 29852285
www.larseneriksen.com

Credit rating

Company information

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

About the company

LARSEN & ERIKSEN ApS (CVR number: 38021877) is a company from KØBENHAVN. The company recorded a gross profit of -10.9 kDKK in 2022. The operating profit was -10.9 kDKK, while net earnings were -65.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak but Return on Equity (ROE) was -5.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -13.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. LARSEN & ERIKSEN ApS's liquidity measured by quick ratio was 18.6 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 profit-19.26-10.13-16.51-16.53-10.94
EBIT-19.26-10.13- 204.56-16.53-10.94
Net earnings-6.83-10.15- 205.48-11.50-65.89
Shareholders equity total-61.45-71.60- 277.08- 288.58- 354.46
Balance sheet total (assets)100.23100.2065.1350.002 270.59
Net debt153.52159.80204.48208.372 503.13
Profitability
EBIT-%
ROA-8.9 %-6.1 %-79.6 %-4.9 %2.6 %
ROE-4.3 %-10.1 %-248.6 %-20.0 %-5.7 %
ROI-9.1 %-6.5 %-111.8 %-8.0 %-4.5 %
Economic value added (EVA)-8.31-4.52- 198.455.556.08
Solvency
Equity ratio-38.0 %-41.7 %-81.0 %-85.2 %-13.5 %
Gearing-250.1 %-223.2 %-74.3 %-72.2 %-706.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.30.018.6
Current ratio0.30.30.018.6
Cash and cash equivalents0.161.53
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:2.64%
Rating: 33/100
-20%
0%
4%
11%
24%
60%
Equity ratio:-13.5%
Rating: 0/100
-1%
21%
50%
81%
99%
100%

Roles

Chief executive officer
Chief executive officer

Companies in the same industry

Build time: 2024-06-14T09:40:05.249Z

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