Lars Bager Holding ApS — Credit Rating and Financial Key Figures

CVR number: 24993248
Stationsplads 4, 8500 Grenaa

Company information

Official name
Lars Bager Holding ApS
Personnel
2 persons
Established
1999
Company form
Private limited company
Industry

About Lars Bager Holding ApS

Lars Bager Holding ApS (CVR number: 24993248) is a company from NORDDJURS. The company recorded a gross profit of 332.3 kDKK in 2024. The operating profit was -463.2 kDKK, while net earnings were 2685.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.5 %, which can be considered decent and Return on Equity (ROE) was 6.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 95.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Lars Bager Holding ApS's liquidity measured by quick ratio was 19.7 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 profit644.55636.73215.89211.17332.29
EBIT258.40239.44- 181.84- 266.09- 463.18
Net earnings176.193 537.302 871.7619 306.012 685.47
Shareholders equity total20 605.5223 842.8226 214.5840 020.5940 706.05
Balance sheet total (assets)30 334.5830 761.3331 041.6543 190.5142 810.29
Net debt8 303.515 355.012 808.89-12 214.13-9 021.96
Profitability
EBIT-%
ROA1.5 %12.2 %9.1 %52.0 %7.5 %
ROE0.8 %15.9 %11.5 %58.3 %6.7 %
ROI1.6 %12.6 %9.5 %53.5 %7.6 %
Economic value added (EVA)-1 273.25-1 282.68-1 596.30-1 684.99-2 485.30
Solvency
Equity ratio67.9 %77.5 %84.4 %92.7 %95.1 %
Gearing40.3 %22.5 %13.0 %4.5 %3.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.81.43.014.119.7
Current ratio0.81.43.014.119.7
Cash and cash equivalents599.1214 007.4310 456.53
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:7.50%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.1%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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