ERNST V. LAURSEN ApS — Credit Rating and Financial Key Figures

CVR number: 14429646
Vågøvej 12, 8700 Horsens

Credit rating

Company information

Official name
ERNST V. LAURSEN ApS
Personnel
3 persons
Established
1990
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About ERNST V. LAURSEN ApS

ERNST V. LAURSEN ApS (CVR number: 14429646) is a company from HORSENS. The company recorded a gross profit of 1047.2 kDKK in 2024. The operating profit was -309.8 kDKK, while net earnings were 1745.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak and Return on Equity (ROE) was 3.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ERNST V. LAURSEN ApS's liquidity measured by quick ratio was 392.1 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit987.21811.14368.321 058.581 047.24
EBIT- 542.26- 917.76-1 343.79- 295.96- 309.80
Net earnings- 649.892 525.47-3 551.831 565.181 745.26
Shareholders equity total48 596.5151 008.9847 342.7548 849.0450 533.29
Balance sheet total (assets)49 124.2051 346.4847 621.8549 103.4450 634.51
Net debt-38 585.94-8 851.40-40 611.09-36 933.03-39 451.69
Profitability
EBIT-%
ROA-0.5 %7.7 %1.6 %4.9 %3.9 %
ROE-1.3 %5.1 %-7.2 %3.3 %3.5 %
ROI-0.6 %7.7 %1.6 %4.9 %3.9 %
Economic value added (EVA)- 945.79-1 218.88-3 461.83- 634.23- 908.58
Solvency
Equity ratio98.9 %99.3 %99.4 %99.5 %99.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio74.2115.5145.5146.3392.1
Current ratio74.3115.5149.1151.6396.8
Cash and cash equivalents38 585.948 851.4040 611.0936 933.0339 451.69
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBAA

Variable visualization

ROA:3.86%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 97/100
-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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