ERNST V. LAURSEN ApS

CVR number: 14429646
Vågøvej 12, 8700 Horsens

Credit rating

Company information

Official name
ERNST V. LAURSEN ApS
Established
1990
Company form
Private limited company
Industry
  • Expand more icon45Wholesale and retail trade and repair of motor vehicles and motorcycles

About the company

ERNST V. LAURSEN ApS (CVR number: 14429646) is a company from HORSENS. The company recorded a gross profit of 1058.6 kDKK in 2023. The operating profit was -296 kDKK, while net earnings were 1565.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent but Return on Equity (ROE) was 3.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.5 %, 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 146.3 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 profit1 533.38987.21811.14368.321 058.58
EBIT- 490.93- 542.26- 917.76-1 343.79- 295.96
Net earnings-1 050.03- 649.892 525.47-3 551.831 565.18
Shareholders equity total49 357.0148 596.5151 008.9847 342.7548 849.04
Balance sheet total (assets)49 797.1549 124.2051 346.4847 621.8549 103.44
Net debt-38 952.55-38 585.94-8 851.40-40 611.09-36 933.03
Profitability
EBIT-%
ROA-0.3 %-0.5 %7.7 %1.6 %4.9 %
ROE-2.1 %-1.3 %5.1 %-7.2 %3.3 %
ROI-0.3 %-0.6 %7.7 %1.6 %4.9 %
Economic value added (EVA)-1 002.28- 945.79-1 218.88-3 461.83- 634.23
Solvency
Equity ratio99.1 %98.9 %99.3 %99.4 %99.5 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio93.774.2115.5145.5146.3
Current ratio95.774.3115.5149.1151.6
Cash and cash equivalents38 952.5538 585.948 851.4040 611.0936 933.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:4.91%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.5%
Rating: 92/100
-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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