Lars Larsen Group A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 35 648.00 | 39 090.00 | 44 017.00 | 45 359.00 | 48 077.00 |
Gross profit | 35 648.00 | 39 090.00 | 44 017.00 | 13 615.00 | 14 761.00 |
EBIT | 3 768.00 | 4 882.00 | 4 945.00 | 3 712.00 | 3 741.00 |
Net earnings | 3 214.00 | 5 142.00 | 3 477.00 | 2 700.00 | 3 556.00 |
Shareholders equity total | 26 303.00 | 30 700.00 | 32 543.00 | 30 554.00 | 37 516.00 |
Balance sheet total (assets) | 36 258.00 | 42 686.00 | 48 590.00 | 48 819.00 | 51 116.00 |
Net debt | -4 517.00 | -7 844.00 | |||
Profitability | |||||
EBIT-% | 10.6 % | 12.5 % | 11.2 % | 8.2 % | 7.8 % |
ROA | 12.4 % | 12.4 % | 10.8 % | 8.3 % | 10.3 % |
ROE | 15.4 % | 18.0 % | 11.0 % | 8.6 % | 10.5 % |
ROI | 12.4 % | 12.4 % | 10.8 % | 9.1 % | 12.2 % |
Economic value added (EVA) | 2 138.45 | 2 570.25 | 2 449.38 | 1 281.06 | 1 879.39 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 63.0 % | 73.9 % |
Gearing | 29.3 % | 18.4 % | |||
Relative net indebtedness % | 10.4 % | -2.6 % | |||
Liquidity | |||||
Quick ratio | 1.3 | 2.2 | |||
Current ratio | 2.2 | 3.6 | |||
Cash and cash equivalents | 13 471.00 | 14 739.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 7.1 | 7.0 | |||
Net working capital % | 12.3 % | 22.7 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | AAA |
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