Albert Larsen ApS — Credit Rating and Financial Key Figures

CVR number: 39991373
Teglgårdsvej 36, 5500 Middelfart

Credit rating

Company information

Official name
Albert Larsen ApS
Personnel
15 persons
Established
2018
Company form
Private limited company
Industry

About Albert Larsen ApS

Albert Larsen ApS (CVR number: 39991373) is a company from MIDDELFART. The company recorded a gross profit of 2060.7 kDKK in 2024. The operating profit was 998.6 kDKK, while net earnings were 756.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.6 %, which can be considered good but Return on Equity (ROE) was 26.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 73.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Albert Larsen ApS's liquidity measured by quick ratio was 0.4 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit28.23198.011 462.292 724.072 060.70
EBIT-12.2452.031 113.041 979.12998.64
Net earnings-20.2227.47837.661 501.32756.41
Shareholders equity total67.2094.67932.332 433.653 190.06
Balance sheet total (assets)2 143.683 158.873 821.146 527.3714 193.82
Net debt- 110.30- 148.54- 423.40- 850.576 786.32
Profitability
EBIT-%
ROA-1.1 %2.0 %31.9 %38.3 %9.6 %
ROE-37.1 %33.9 %163.1 %89.2 %26.9 %
ROI-22.5 %64.3 %216.8 %117.6 %15.6 %
Economic value added (EVA)-13.1933.63856.801 487.20652.35
Solvency
Equity ratio3.1 %3.0 %24.4 %37.3 %73.1 %
Gearing225.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.20.30.4
Current ratio1.01.01.31.63.7
Cash and cash equivalents110.30148.54423.40850.57406.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:9.64%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.1%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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