LARSEN STRINGS HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 26826608
Ingolf Nielsens Vej 14 A, 6400 Sønderborg
tel: 74431760

Company information

Official name
LARSEN STRINGS HOLDING ApS
Established
2002
Company form
Private limited company
Industry

About LARSEN STRINGS HOLDING ApS

LARSEN STRINGS HOLDING ApS (CVR number: 26826608) is a company from SØNDERBORG. The company recorded a gross profit of -83.4 kDKK in 2024. The operating profit was -143.4 kDKK, while net earnings were 5902.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.9 %, which can be considered good and Return on Equity (ROE) was 9.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LARSEN STRINGS HOLDING ApS's liquidity measured by quick ratio was 21.1 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 profit-23.00-14.35-25.78-18.95-83.45
EBIT-83.00-74.35-85.78-78.95- 143.45
Net earnings5 076.248 872.857 420.256 482.325 902.89
Shareholders equity total41 994.4148 867.2753 287.5257 769.8461 672.73
Balance sheet total (assets)42 085.4149 846.8154 355.8858 132.0362 084.91
Net debt-19.97828.44-6 186.86-4 189.14-2.82
Profitability
EBIT-%
ROA12.0 %19.3 %14.2 %11.6 %9.9 %
ROE12.1 %19.5 %14.5 %11.7 %9.9 %
ROI12.1 %19.3 %14.3 %11.6 %10.0 %
Economic value added (EVA)1 395.291 570.101 506.081 796.931 827.14
Solvency
Equity ratio99.8 %98.0 %98.0 %99.4 %99.3 %
Gearing1.7 %1.8 %
Relative net indebtedness %
Liquidity
Quick ratio13.72.28.623.521.1
Current ratio13.72.28.623.521.1
Cash and cash equivalents19.976.757 164.224 189.142.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:9.94%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.3%
Rating: 90/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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