MAGNE LARSEN INVESTMENTS ApS — Credit Rating and Financial Key Figures

CVR number: 32938043
Hellerupvej 82, 2900 Hellerup

Credit rating

Company information

Official name
MAGNE LARSEN INVESTMENTS ApS
Personnel
1 person
Established
2010
Company form
Private limited company
Industry
  • Expand more icon649910

About MAGNE LARSEN INVESTMENTS ApS

MAGNE LARSEN INVESTMENTS ApS (CVR number: 32938043) is a company from GENTOFTE. The company recorded a gross profit of 541.7 kDKK in 2023. The operating profit was 1115 kDKK, while net earnings were 1324.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak but Return on Equity (ROE) was 4.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 62.2 %, 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. MAGNE LARSEN INVESTMENTS ApS's liquidity measured by quick ratio was 0.2 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit145.97732.86145.97772.92541.72
EBIT1 201.13223.101 201.13315.071 115.00
Net earnings775.41- 229.03775.41-4 634.501 324.37
Shareholders equity total30 753.5629 978.1430 753.5626 119.0627 443.43
Balance sheet total (assets)45 525.6253 738.7445 525.6242 131.9144 153.93
Net debt17 378.5821 046.4410 553.2412 806.1413 102.00
Profitability
EBIT-%
ROA2.9 %0.6 %2.9 %12.0 %1.9 %
ROE2.5 %-0.8 %2.6 %-16.3 %4.9 %
ROI2.7 %0.6 %2.9 %-10.2 %4.7 %
Economic value added (EVA)- 462.57- 932.89- 492.29- 807.39- 190.97
Solvency
Equity ratio67.6 %55.8 %67.6 %62.0 %62.2 %
Gearing60.5 %70.8 %38.3 %50.2 %49.3 %
Relative net indebtedness %
Liquidity
Quick ratio3.30.13.30.10.2
Current ratio3.20.13.20.10.2
Cash and cash equivalents1 233.42186.191 233.42309.72414.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:1.93%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.2%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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