LARE Holding ApS — Credit Rating and Financial Key Figures

CVR number: 39018861
Toftegårdsvej 2, 6070 Christiansfeld

Company information

Official name
LARE Holding ApS
Established
2017
Company form
Private limited company
Industry

About LARE Holding ApS

LARE Holding ApS (CVR number: 39018861) is a company from KOLDING. The company recorded a gross profit of 821.7 kDKK in 2022. The operating profit was 821.5 kDKK, while net earnings were 763.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 37.4 %, which can be considered excellent and Return on Equity (ROE) was 35 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LARE Holding ApS's liquidity measured by quick ratio was 18.2 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
2018
2019
2020
2021
2022
Volume
Net sales560.66159.20
Gross profit560.66159.20186.791 249.91821.73
EBIT560.66159.20186.791 249.91821.51
Net earnings560.66157.71186.511 248.45763.85
Shareholders equity total610.66568.37554.881 803.332 567.18
Balance sheet total (assets)610.66720.69556.541 817.192 581.04
Net debt- 300.00-99.89- 310.62- 236.41
Profitability
EBIT-%100.0 %100.0 %
ROA91.8 %23.9 %29.2 %105.3 %37.4 %
ROE91.8 %26.8 %33.2 %105.9 %35.0 %
ROI91.8 %27.0 %33.3 %106.0 %37.6 %
Economic value added (EVA)560.66137.12197.921 270.43913.34
Solvency
Equity ratio100.0 %78.9 %99.7 %99.2 %99.5 %
Gearing
Relative net indebtedness %-92.8 %
Liquidity
Quick ratio3.060.122.418.2
Current ratio3.060.122.418.2
Cash and cash equivalents300.0099.89310.62236.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %89.2 %187.5 %
Credit risk
Credit ratingBBBBBBBBBBBA

Variable visualization

ROA:37.4%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.5%
Rating: 92/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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