CHRISTIAN LARSEN ApS — Credit Rating and Financial Key Figures

CVR number: 15101342
Møllegårdsvej 19, 5560 Aarup
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Company information

Official name
CHRISTIAN LARSEN ApS
Personnel
1 person
Established
1991
Company form
Private limited company
Industry

About CHRISTIAN LARSEN ApS

CHRISTIAN LARSEN ApS (CVR number: 15101342) is a company from ASSENS. The company recorded a gross profit of 667.1 kDKK in 2024. The operating profit was 593.4 kDKK, while net earnings were 639.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.6 %, which can be considered decent but Return on Equity (ROE) was 36.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 17.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. CHRISTIAN LARSEN ApS's liquidity measured by quick ratio was 0.3 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 profit363.431 087.22513.04388.49667.06
EBIT180.23827.89448.27315.79593.40
Net earnings-27.90625.73363.63358.27639.90
Shareholders equity total104.41730.131 093.761 452.032 091.93
Balance sheet total (assets)12 273.5712 114.5311 576.9112 325.9812 041.16
Net debt9 568.978 367.438 249.169 738.768 999.51
Profitability
EBIT-%
ROA1.5 %8.1 %5.3 %5.0 %7.6 %
ROE-23.6 %150.0 %39.9 %28.1 %36.1 %
ROI1.6 %8.6 %5.6 %5.2 %7.9 %
Economic value added (EVA)- 460.45109.41- 186.73- 272.49-73.58
Solvency
Equity ratio0.9 %6.0 %9.4 %11.8 %17.4 %
Gearing10642.5 %1424.8 %890.8 %690.6 %435.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.60.60.30.3
Current ratio0.50.60.60.30.3
Cash and cash equivalents1 542.282 035.771 494.34288.80112.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:7.60%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:17.4%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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