KIRK LARSEN ApS — Credit Rating and Financial Key Figures

CVR number: 18337444
Bandholmvej 157, 4953 Vesterborg
kirklarsen@post.tele.dk
tel: 48795108

Company information

Official name
KIRK LARSEN ApS
Established
1995
Company form
Private limited company
Industry

About KIRK LARSEN ApS

KIRK LARSEN ApS (CVR number: 18337444) is a company from LOLLAND. The company recorded a gross profit of -90.5 kDKK in 2023. The operating profit was -1134.2 kDKK, while net earnings were -1156 kDKK. The profitability of the company measured by Return on Assets (ROA) was -57.5 %, which can be considered poor and Return on Equity (ROE) was -106.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.4 %, 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. KIRK LARSEN ApS's liquidity measured by quick ratio was 1.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales272.01
Gross profit94.73118.0090.523.54-90.49
EBIT89.7294.6444.76-42.21-1 134.17
Net earnings69.9873.82- 481.27- 125.65-1 156.02
Shareholders equity total460.27473.15-8.121 666.23510.21
Balance sheet total (assets)3 451.953 068.942 671.312 614.151 327.59
Net debt-98.032 405.20-31.72862.98651.59
Profitability
EBIT-%33.0 %
ROA2.6 %2.9 %1.6 %-1.6 %-57.5 %
ROE16.5 %15.8 %-30.6 %-5.8 %-106.2 %
ROI2.6 %2.9 %1.6 %-1.6 %-59.6 %
Economic value added (EVA)63.7865.1813.59-40.21-1 216.98
Solvency
Equity ratio13.3 %15.4 %-0.3 %63.7 %38.4 %
Gearing531.8 %52.9 %146.7 %
Relative net indebtedness %1063.8 %
Liquidity
Quick ratio7.10.40.31.5
Current ratio7.10.40.31.5
Cash and cash equivalents98.03111.1631.7218.3196.78
Capital use efficiency
Trade debtors turnover (days)65.3
Net working capital %219.4 %
Credit risk
Credit ratingAABBBBBBBB

Variable visualization

ROA:-57.5%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.4%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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