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

CVR number: 86001519
Randersvej 2 C, 8600 Silkeborg
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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: 86001519) is a company from SILKEBORG. The company reported a net sales of 158 mDKK in 2024, demonstrating a growth of 39.8 % compared to the previous year. The operating profit percentage was poor at -120.9 % (EBIT: -191 mDKK), while net earnings were 3558 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.7 %, 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 78.1 %, 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2023
2024
Volume
Net sales113 000.00158 000.00
Gross profit51 000.0024 000.00
EBIT-94 000.00- 191 000.00
Net earnings2 640 000.003 558 000.00
Shareholders equity total30 359 000.0037 504 000.00
Balance sheet total (assets)47 153 000.0048 012 000.00
Net debt1 729 000.00-2 150 000.00
Profitability
EBIT-%-83.2 %-120.9 %
ROA6.6 %8.7 %
ROE8.7 %10.5 %
ROI7.2 %9.1 %
Economic value added (EVA)-86 334.76305 583.36
Solvency
Equity ratio64.4 %78.1 %
Gearing41.6 %25.9 %
Relative net indebtedness %5115.9 %-1045.6 %
Liquidity
Quick ratio1.12.3
Current ratio1.22.5
Cash and cash equivalents10 915 000.0011 863 000.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-7476.1 %-465.8 %
Credit risk
Credit ratingAA

Variable visualization

ROA:8.70%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.1%
Rating: 58/100
-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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