Bie Larsen Holding ApS — Credit Rating and Financial Key Figures

CVR number: 26078393
Eskelunden 23, 7300 Jelling

Company information

Official name
Bie Larsen Holding ApS
Personnel
2 persons
Established
2001
Company form
Private limited company
Industry

About Bie Larsen Holding ApS

Bie Larsen Holding ApS (CVR number: 26078393K) is a company from VEJLE. The company recorded a gross profit of 53.5 mDKK in 2022. The operating profit was 5213.1 kDKK, while net earnings were 2902 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.6 %, which can be considered good and Return on Equity (ROE) was 10.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 67.9 %, 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. Bie Larsen Holding ApS's liquidity measured by quick ratio was 1.2 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
2020
2021
2022
Volume
Net sales
Gross profit42 803.5652 927.6153 549.00
EBIT3 243.185 978.815 213.08
Net earnings2 554.425 452.322 902.00
Shareholders equity total20 055.1925 394.5128 182.11
Balance sheet total (assets)45 308.6744 520.2641 497.49
Net debt-5 881.09-10 505.11-14 100.51
Profitability
EBIT-%
ROA7.7 %16.1 %12.6 %
ROE12.7 %24.0 %10.8 %
ROI15.2 %27.4 %18.3 %
Economic value added (EVA)2 472.653 984.023 425.17
Solvency
Equity ratio44.3 %57.0 %67.9 %
Gearing6.4 %10.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.91.2
Current ratio0.70.91.3
Cash and cash equivalents7 155.1513 042.3314 100.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAA

Variable visualization

ROA:12.6%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.9%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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