Lars Larsen Group A/S — Credit Rating and Financial Key Figures

CVR number: 86001519
Randersvej 2 C, 8600 Silkeborg

Credit rating

Company information

Official name
Lars Larsen Group A/S
Personnel
94 persons
Established
1979
Company form
Limited company
Industry

About Lars Larsen Group A/S

Lars Larsen Group A/S (CVR number: 86001519K) is a company from SILKEBORG. The company reported a net sales of 48077 mDKK in 2024, demonstrating a growth of 6 % compared to the previous year. The operating profit percentage was at 7.8 % (EBIT: 3741 mDKK), while net earnings were 3556 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.3 %, which can be considered good and Return on Equity (ROE) was 10.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 73.9 %, 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. Lars Larsen Group A/S's liquidity measured by quick ratio was 2.2 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales35 648.0039 090.0044 017.0045 359.0048 077.00
Gross profit35 648.0039 090.0044 017.0013 615.0014 761.00
EBIT3 768.004 882.004 945.003 712.003 741.00
Net earnings3 214.005 142.003 477.002 700.003 556.00
Shareholders equity total26 303.0030 700.0032 543.0030 554.0037 516.00
Balance sheet total (assets)36 258.0042 686.0048 590.0048 819.0051 116.00
Net debt-4 517.00-7 844.00
Profitability
EBIT-%10.6 %12.5 %11.2 %8.2 %7.8 %
ROA12.4 %12.4 %10.8 %8.3 %10.3 %
ROE15.4 %18.0 %11.0 %8.6 %10.5 %
ROI12.4 %12.4 %10.8 %9.1 %12.2 %
Economic value added (EVA)2 138.452 570.252 449.381 281.061 879.39
Solvency
Equity ratio100.0 %100.0 %100.0 %63.0 %73.9 %
Gearing29.3 %18.4 %
Relative net indebtedness %10.4 %-2.6 %
Liquidity
Quick ratio1.32.2
Current ratio2.23.6
Cash and cash equivalents13 471.0014 739.00
Capital use efficiency
Trade debtors turnover (days)7.17.0
Net working capital %12.3 %22.7 %
Credit risk
Credit ratingBBBBBBBBBAAAAAA

Variable visualization

ROA:10.3%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.9%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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