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: 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2023 | 2024 | |
---|---|---|
Volume | ||
Net sales | 113 000.00 | 158 000.00 |
Gross profit | 51 000.00 | 24 000.00 |
EBIT | -94 000.00 | - 191 000.00 |
Net earnings | 2 640 000.00 | 3 558 000.00 |
Shareholders equity total | 30 359 000.00 | 37 504 000.00 |
Balance sheet total (assets) | 47 153 000.00 | 48 012 000.00 |
Net debt | 1 729 000.00 | -2 150 000.00 |
Profitability | ||
EBIT-% | -83.2 % | -120.9 % |
ROA | 6.6 % | 8.7 % |
ROE | 8.7 % | 10.5 % |
ROI | 7.2 % | 9.1 % |
Economic value added (EVA) | -86 334.76 | 305 583.36 |
Solvency | ||
Equity ratio | 64.4 % | 78.1 % |
Gearing | 41.6 % | 25.9 % |
Relative net indebtedness % | 5115.9 % | -1045.6 % |
Liquidity | ||
Quick ratio | 1.1 | 2.3 |
Current ratio | 1.2 | 2.5 |
Cash and cash equivalents | 10 915 000.00 | 11 863 000.00 |
Capital use efficiency | ||
Trade debtors turnover (days) | ||
Net working capital % | -7476.1 % | -465.8 % |
Credit risk | ||
Credit rating | A | A |
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