EL-INSTALLATØR JØRGEN LARSEN A/S
Credit rating
Company information
About EL-INSTALLATØR JØRGEN LARSEN A/S
EL-INSTALLATØR JØRGEN LARSEN A/S (CVR number: 25472527) is a company from FAXE. The company recorded a gross profit of 3310.4 kDKK in 2023. The operating profit was 40.5 kDKK, while net earnings were -41.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, which can be considered weak but Return on Equity (ROE) was -3.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. EL-INSTALLATØR JØRGEN LARSEN A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 739.45 | 3 737.53 | 3 612.08 | 3 962.80 | 3 310.43 |
EBIT | 64.40 | 270.06 | 250.83 | 777.65 | 40.50 |
Net earnings | 43.87 | 211.88 | 124.12 | 539.89 | -41.16 |
Shareholders equity total | 855.95 | 967.83 | 865.94 | 1 405.84 | 1 164.68 |
Balance sheet total (assets) | 2 786.43 | 3 592.50 | 3 078.91 | 5 095.46 | 4 079.93 |
Net debt | 199.92 | - 270.44 | 296.34 | 1 598.27 | 1 061.15 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.2 % | 9.4 % | 7.5 % | 19.0 % | 0.9 % |
ROE | 4.6 % | 23.2 % | 13.5 % | 47.5 % | -3.2 % |
ROI | 6.4 % | 20.0 % | 15.3 % | 30.4 % | 1.3 % |
Economic value added (EVA) | -1.92 | 173.48 | 154.22 | 566.40 | -90.97 |
Solvency | |||||
Equity ratio | 30.7 % | 26.9 % | 28.1 % | 27.6 % | 28.6 % |
Gearing | 48.0 % | 39.1 % | 63.8 % | 144.3 % | 131.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 1.1 | 1.0 | 1.2 | 1.2 |
Current ratio | 1.5 | 1.5 | 1.5 | 1.7 | 1.9 |
Cash and cash equivalents | 211.27 | 648.61 | 256.04 | 430.86 | 469.66 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BB |
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