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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 53091 mDKK in 2025, demonstrating a growth of 10.4 % compared to the previous year. The operating profit percentage was at 8.1 % (EBIT: 4318 mDKK), while net earnings were 2954 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.4 %, which can be considered good but Return on Equity (ROE) was 7.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 71.7 %, 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 2.3 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 financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 39 090.00 | 44 017.00 | 45 359.00 | 48 077.00 | 53 091.00 |
| Gross profit | 39 090.00 | 44 017.00 | 45 359.00 | 14 761.00 | 17 177.00 |
| EBIT | 4 882.00 | 4 945.00 | 3 712.00 | 3 741.00 | 4 318.00 |
| Net earnings | 5 142.00 | 3 477.00 | 2 700.00 | 3 556.00 | 2 954.00 |
| Shareholders equity total | 30 700.00 | 32 543.00 | 30 554.00 | 37 516.00 | 38 960.00 |
| Balance sheet total (assets) | 42 686.00 | 48 590.00 | 48 819.00 | 51 116.00 | 54 758.00 |
| Net debt | -7 844.00 | -9 379.00 | |||
| Profitability | |||||
| EBIT-% | 12.5 % | 11.2 % | 8.2 % | 7.8 % | 8.1 % |
| ROA | 12.4 % | 10.8 % | 7.6 % | 10.3 % | 8.4 % |
| ROE | 18.0 % | 11.0 % | 8.6 % | 10.4 % | 7.7 % |
| ROI | 12.4 % | 10.8 % | 7.6 % | 11.0 % | 9.7 % |
| Economic value added (EVA) | 2 570.25 | 2 449.38 | 1 277.36 | 1 403.37 | 1 003.80 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 100.0 % | 73.9 % | 71.7 % |
| Gearing | 18.4 % | 21.1 % | |||
| Relative net indebtedness % | -2.6 % | -3.6 % | |||
| Liquidity | |||||
| Quick ratio | 2.2 | 2.3 | |||
| Current ratio | 3.6 | 3.6 | |||
| Cash and cash equivalents | 14 739.00 | 17 593.00 | |||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 7.0 | 5.4 | |||
| Net working capital % | 22.7 % | 23.0 % | |||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | A | A |
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