LARS OLE KORNUM ApS

CVR number: 10695880
Prins Valdemars Vej 43, 2820 Gentofte
tel: 39682753

Credit rating

Company information

Official name
LARS OLE KORNUM ApS
Established
1987
Company form
Private limited company
Industry
  • Expand more icon74Other professional, scientific and technical activities

About the company

LARS OLE KORNUM ApS (CVR number: 10695880) is a company from GENTOFTE. The company recorded a gross profit of -63.5 kDKK in 2023. The operating profit was -63.5 kDKK, while net earnings were -23.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak but Return on Equity (ROE) was -31.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35.8 %, 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. LARS OLE KORNUM ApS's liquidity measured by quick ratio was 1.6 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
20192020202120222023
Volume
Net sales
Gross profit-50.30- 155.23- 267.04- 109.57-63.54
EBIT-50.30- 155.23- 267.04- 109.57-63.54
Net earnings20 278.64150 882.7616 934.27- 125 416.62-23 610.05
Shareholders equity total44 033.24194 916.00211 850.2786 433.6562 823.60
Balance sheet total (assets)143 934.83298 462.43318 956.98201 214.68175 264.11
Net debt-89 067.46- 238 420.66- 229 768.37- 102 604.18-79 956.24
Profitability
EBIT-%
ROA16.2 %70.0 %15.5 %3.5 %1.1 %
ROE59.8 %126.3 %8.3 %-84.1 %-31.6 %
ROI33.7 %102.1 %19.5 %4.8 %1.7 %
Economic value added (EVA)2 397.722 429.692 039.261 147.611 407.83
Solvency
Equity ratio30.6 %65.3 %66.4 %43.0 %35.8 %
Gearing52.2 %20.3 %20.6 %47.6 %62.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.64.34.11.91.6
Current ratio1.64.34.11.91.6
Cash and cash equivalents112 046.61278 039.13273 464.79143 771.17119 323.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBB

Variable visualization

ROA:1.06%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.8%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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