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KIRK LARSEN ApS — Credit Rating and Financial Key Figures

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

Credit rating

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 39.5 kDKK in 2024. The operating profit was 10.9 kDKK, while net earnings were -10.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak but Return on Equity (ROE) was -2.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.2 %, 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 1.6 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 profit118.0090.523.54-90.4939.53
EBIT94.6444.76-42.21-1 134.1710.91
Net earnings73.82- 481.27- 125.65-1 156.02-10.50
Shareholders equity total473.15-8.121 666.23510.22499.71
Balance sheet total (assets)3 068.942 671.312 614.151 327.591 342.07
Net debt2 405.20-31.72862.98651.59638.65
Profitability
EBIT-%
ROA2.9 %1.6 %-1.6 %-57.5 %0.8 %
ROE15.8 %-30.6 %-5.8 %-106.2 %-2.1 %
ROI2.9 %1.6 %-1.6 %-59.6 %0.9 %
Economic value added (EVA)50.69- 118.44-41.80-1 262.18-53.28
Solvency
Equity ratio15.4 %-0.3 %63.7 %38.4 %37.2 %
Gearing531.8 %52.9 %146.7 %152.9 %
Relative net indebtedness %
Liquidity
Quick ratio7.10.40.31.51.6
Current ratio7.10.40.31.51.6
Cash and cash equivalents111.1631.7218.3196.78125.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:0.84%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.2%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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