LARSEN & SØRENSEN HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 17188089
Håndværkervej 36, 9320 Hjallerup

Company information

Official name
LARSEN & SØRENSEN HOLDING A/S
Established
1993
Company form
Limited company
Industry

About LARSEN & SØRENSEN HOLDING A/S

LARSEN & SØRENSEN HOLDING A/S (CVR number: 17188089) is a company from Brønderslev. The company recorded a gross profit of 865.5 kDKK in 2024. The operating profit was 352.5 kDKK, while net earnings were 586.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, which can be considered decent but Return on Equity (ROE) was 8.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 62.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. LARSEN & SØRENSEN HOLDING A/S's liquidity measured by quick ratio was 2.8 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 profit859.38853.40935.01923.12865.46
EBIT280.53292.82335.90297.32352.47
Net earnings1 186.362 978.95300.35- 675.51586.12
Shareholders equity total5 072.967 051.917 352.266 676.757 262.87
Balance sheet total (assets)16 356.1016 573.0716 340.0015 084.6214 915.37
Net debt6 613.906 001.475 800.465 494.945 206.13
Profitability
EBIT-%
ROA8.8 %19.6 %3.5 %-2.7 %5.6 %
ROE23.8 %49.1 %4.2 %-9.6 %8.4 %
ROI9.9 %21.5 %3.7 %-2.9 %6.1 %
Economic value added (EVA)- 491.03- 503.64- 512.44- 544.42- 421.22
Solvency
Equity ratio43.2 %54.6 %57.2 %57.5 %62.1 %
Gearing133.6 %85.1 %79.1 %82.3 %71.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.51.02.32.42.8
Current ratio0.71.42.72.93.3
Cash and cash equivalents165.8217.94
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:5.58%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.1%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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