GORM LARSEN & SØN, SNEDKER- OG TØMRERFIRMA A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GORM LARSEN & SØN, SNEDKER- OG TØMRERFIRMA A/S
GORM LARSEN & SØN, SNEDKER- OG TØMRERFIRMA A/S (CVR number: 14049800) is a company from ALBERTSLUND. The company recorded a gross profit of 9130 kDKK in 2024. The operating profit was -86 kDKK, while net earnings were -216.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.8 %, which can be considered poor and Return on Equity (ROE) was -6.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.3 %, 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. GORM LARSEN & SØN, SNEDKER- OG TØMRERFIRMA 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 8 189.44 | 9 848.59 | 11 420.97 | 11 459.21 | 9 130.02 |
| EBIT | 54.70 | - 586.00 | 1 132.32 | 1 096.89 | -85.97 |
| Net earnings | 13.46 | - 546.97 | 800.50 | 713.28 | - 216.05 |
| Shareholders equity total | 1 757.47 | 1 710.50 | 2 511.00 | 3 224.28 | 3 008.23 |
| Balance sheet total (assets) | 7 728.54 | 10 022.98 | 9 950.47 | 11 136.70 | 11 018.73 |
| Net debt | - 292.37 | 446.00 | 92.09 | 2 376.12 | 2 540.64 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 0.7 % | -6.6 % | 11.4 % | 10.4 % | -0.8 % |
| ROE | 0.8 % | -31.5 % | 37.9 % | 24.9 % | -6.9 % |
| ROI | 1.6 % | -28.6 % | 47.0 % | 26.3 % | -1.5 % |
| Economic value added (EVA) | - 180.64 | - 568.38 | 741.60 | 654.31 | - 364.63 |
| Solvency | |||||
| Equity ratio | 23.8 % | 17.1 % | 25.2 % | 29.0 % | 27.3 % |
| Gearing | 26.4 % | 3.9 % | 73.9 % | 84.5 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.2 | 1.1 | 1.3 | 1.3 | 1.2 |
| Current ratio | 1.4 | 1.3 | 1.5 | 1.6 | 1.5 |
| Cash and cash equivalents | 292.37 | 5.31 | 5.31 | 5.31 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BBB | BBB | BBB | BBB |
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