LARS HEIN AUTOMOBILER A/S — Credit Rating and Financial Key Figures

CVR number: 10109957
Industrivej 48 B, 6760 Ribe
salg@lars-hein.dk
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Company information

Official name
LARS HEIN AUTOMOBILER A/S
Personnel
12 persons
Established
2003
Company form
Limited company
Industry

About LARS HEIN AUTOMOBILER A/S

LARS HEIN AUTOMOBILER A/S (CVR number: 10109957) is a company from ESBJERG. The company recorded a gross profit of 21.3 mDKK in 2024. The operating profit was 12.1 mDKK, while net earnings were 9243.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.7 %, which can be considered excellent and Return on Equity (ROE) was 28 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72.6 %, 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 HEIN AUTOMOBILER A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit18 487.4322 734.6819 382.7925 419.5321 252.50
EBIT11 204.5015 964.2112 661.6516 940.7112 095.10
Net earnings9 585.4613 199.059 243.92
Shareholders equity total19 966.1132 130.1331 715.5934 914.6431 158.56
Balance sheet total (assets)42 760.9345 387.9857 585.8348 861.6842 932.45
Net debt12 223.73-1 898.068 260.52-2 954.421 852.33
Profitability
EBIT-%
ROA27.5 %36.2 %24.7 %32.3 %26.7 %
ROE30.0 %39.6 %28.0 %
ROI33.1 %42.6 %28.6 %38.0 %31.8 %
Economic value added (EVA)5 541.478 507.186 311.9710 686.747 402.47
Solvency
Equity ratio31.8 %41.4 %55.1 %71.5 %72.6 %
Gearing81.8 %20.5 %58.1 %15.5 %17.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.70.40.70.4
Current ratio1.93.42.23.53.6
Cash and cash equivalents4 110.928 483.3310 175.598 355.383 659.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:26.7%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.6%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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