Lars Galsgaard ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Lars Galsgaard ApS
Lars Galsgaard ApS (CVR number: 42199354) is a company from STEVNS. The company recorded a gross profit of 324.4 kDKK in 2024. The operating profit was -15 kDKK, while net earnings were -12 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.7 %, which can be considered poor and Return on Equity (ROE) was -14.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Lars Galsgaard ApS's liquidity measured by quick ratio was 1.7 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 financials2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | 258.35 | 324.60 | 362.31 | 324.43 |
| EBIT | 41.37 | 11.18 | 26.46 | -15.01 |
| Net earnings | 25.71 | 3.52 | 18.33 | -12.00 |
| Shareholders equity total | 65.71 | 69.23 | 87.56 | 75.56 |
| Balance sheet total (assets) | 248.96 | 225.06 | 171.28 | 139.13 |
| Net debt | 15.64 | 17.29 | -82.29 | -86.92 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | 16.6 % | 4.7 % | 13.4 % | -9.7 % |
| ROE | 39.1 % | 5.2 % | 23.4 % | -14.7 % |
| ROI | 22.2 % | 6.2 % | 19.2 % | -15.9 % |
| Economic value added (EVA) | 32.27 | 13.17 | 21.22 | -11.76 |
| Solvency | ||||
| Equity ratio | 26.4 % | 30.8 % | 51.1 % | 54.3 % |
| Gearing | 184.0 % | 146.4 % | 8.0 % | 1.3 % |
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 1.1 | 1.1 | 1.7 | 1.7 |
| Current ratio | 1.2 | 1.3 | 2.0 | 2.1 |
| Cash and cash equivalents | 105.26 | 84.04 | 89.26 | 87.89 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | BB | BB | BB | BB |
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