Bie Larsen Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Bie Larsen Holding ApS
Bie Larsen Holding ApS (CVR number: 26078393) is a company from VEJLE. The company recorded a gross profit of -761.9 kDKK in 2024. The operating profit was -1528.4 kDKK, while net earnings were 5183.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7 %, which can be considered decent and Return on Equity (ROE) was 7.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 69.9 %, 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 2.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -28.64 | - 100.53 | - 124.72 | - 613.83 | - 761.92 |
EBIT | -28.64 | - 100.53 | - 124.72 | -1 123.25 | -1 528.39 |
Net earnings | 2 554.42 | 5 452.32 | 2 902.00 | 52 540.23 | 5 183.45 |
Shareholders equity total | 20 055.19 | 25 394.51 | 28 182.11 | 72 722.34 | 69 905.79 |
Balance sheet total (assets) | 39 290.47 | 41 360.11 | 40 598.15 | 151 821.13 | 100 012.94 |
Net debt | 11 844.95 | 3 254.37 | 2 055.21 | 3 568.08 | -46 284.69 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.2 % | 15.6 % | 11.2 % | 59.3 % | 7.0 % |
ROE | 13.6 % | 24.0 % | 10.8 % | 104.1 % | 7.3 % |
ROI | 8.5 % | 16.3 % | 11.4 % | 59.8 % | 7.2 % |
Economic value added (EVA) | 534.91 | 108.40 | 429.52 | - 575.27 | 3 900.91 |
Solvency | |||||
Equity ratio | 51.0 % | 61.4 % | 69.4 % | 47.9 % | 69.9 % |
Gearing | 85.2 % | 58.0 % | 42.9 % | 107.0 % | 37.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 1.1 | 1.4 | 1.1 | 2.4 |
Current ratio | 1.1 | 1.1 | 1.4 | 1.1 | 2.4 |
Cash and cash equivalents | 5 244.64 | 11 464.35 | 10 037.27 | 74 260.07 | 72 441.16 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | A |
Variable visualization
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