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P. Larsen Hobro Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About P. Larsen Hobro Holding ApS
P. Larsen Hobro Holding ApS (CVR number: 41697806) is a company from MARIAGERFJORD. The company reported a net sales of 0.6 mDKK in 2025, demonstrating a growth of 70.1 % compared to the previous year. The operating profit percentage was at 97 % (EBIT: 0.6 mDKK), while net earnings were 518.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.1 %, which can be considered decent but Return on Equity (ROE) was 11.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 44.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. P. Larsen Hobro Holding ApS's liquidity measured by quick ratio was 2.7 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 584.27 | 450.41 | 842.41 | 362.85 | 617.08 |
| Gross profit | 577.18 | 436.41 | 829.41 | 346.53 | 598.83 |
| EBIT | 577.18 | 436.41 | 829.41 | 346.53 | 598.83 |
| Net earnings | 553.13 | 351.00 | 738.73 | 237.23 | 518.06 |
| Shareholders equity total | 3 054.80 | 3 349.31 | 4 030.84 | 4 209.17 | 4 666.22 |
| Balance sheet total (assets) | 9 239.38 | 9 600.55 | 10 530.19 | 9 748.40 | 10 501.83 |
| Net debt | 5 223.74 | 4 518.18 | 4 802.67 | 2 917.98 | 2 906.18 |
| Profitability | |||||
| EBIT-% | 98.8 % | 96.9 % | 98.5 % | 95.5 % | 97.0 % |
| ROA | 9.9 % | 4.6 % | 8.2 % | 3.5 % | 6.1 % |
| ROE | 19.7 % | 11.0 % | 20.0 % | 5.8 % | 11.7 % |
| ROI | 10.1 % | 4.7 % | 8.4 % | 3.6 % | 6.1 % |
| Economic value added (EVA) | 458.00 | 18.34 | 386.95 | - 113.00 | 146.40 |
| Solvency | |||||
| Equity ratio | 33.1 % | 34.9 % | 38.3 % | 43.2 % | 44.4 % |
| Gearing | 196.9 % | 182.8 % | 156.7 % | 130.0 % | 122.4 % |
| Relative net indebtedness % | 922.9 % | 1031.6 % | 591.7 % | 822.7 % | 491.0 % |
| Liquidity | |||||
| Quick ratio | 3.0 | 2.1 | 1.6 | 3.5 | 2.7 |
| Current ratio | 3.0 | 2.1 | 1.6 | 3.5 | 2.7 |
| Cash and cash equivalents | 792.63 | 1 604.87 | 1 514.95 | 2 553.94 | 2 805.55 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | 167.6 % | 216.7 % | 99.9 % | 524.9 % | 353.9 % |
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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