Albert Larsen ApS

CVR number: 39991373
Teglgårdsvej 36, 5500 Middelfart

Credit rating

Company information

Official name
Albert Larsen ApS
Personnel
11 persons
Established
2018
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About the company

Albert Larsen ApS (CVR number: 39991373) is a company from MIDDELFART. The company recorded a gross profit of 2724.1 kDKK in 2023. The operating profit was 1979.1 kDKK, while net earnings were 1501.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 38.3 %, which can be considered excellent and Return on Equity (ROE) was 89.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.3 %, 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. Albert Larsen ApS's liquidity measured by quick ratio was 0.3 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
Gross profit-9.3128.23198.011 462.292 724.07
EBIT-9.31-12.2452.031 113.041 979.12
Net earnings-8.24-20.2227.47837.661 501.32
Shareholders equity total41.7667.2094.67932.332 433.65
Balance sheet total (assets)47.712 143.683 158.873 821.146 527.37
Net debt-45.66- 110.30- 148.54- 423.40- 850.57
Profitability
EBIT-%
ROA-19.5 %-1.1 %2.0 %31.9 %38.3 %
ROE-19.7 %-37.1 %33.9 %163.1 %89.2 %
ROI-22.3 %-22.5 %64.3 %216.8 %117.6 %
Economic value added (EVA)-8.21-10.8939.17864.271 508.48
Solvency
Equity ratio87.5 %3.1 %3.0 %24.4 %37.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio8.00.10.10.20.3
Current ratio8.01.01.01.31.6
Cash and cash equivalents45.66110.30148.54423.40850.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:38.3%
Rating: 88/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.3%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Build time: 2024-10-04T14:01:21.238Z

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