OVE ÅKJÆR LARSEN INVEST ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About OVE ÅKJÆR LARSEN INVEST ApS
OVE ÅKJÆR LARSEN INVEST ApS (CVR number: 27957838) is a company from KOLDING. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -5.2 kDKK, while net earnings were 76.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, which can be considered decent but Return on Equity (ROE) was 11.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 47.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. OVE ÅKJÆR LARSEN INVEST ApS's liquidity measured by quick ratio was 1.9 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | |||||
EBIT | -4.07 | -4.49 | -4.53 | -5.16 | -5.22 |
Net earnings | 110.47 | 43.29 | 148.43 | - 236.84 | 76.87 |
Shareholders equity total | 968.22 | 921.50 | 979.93 | 653.09 | 639.96 |
Balance sheet total (assets) | 1 267.11 | 1 313.73 | 1 499.03 | 1 242.95 | 1 339.51 |
Net debt | 286.65 | 372.81 | 461.53 | - 650.89 | - 629.36 |
Profitability | |||||
EBIT-% | |||||
ROA | 9.2 % | 4.3 % | 13.7 % | 1.5 % | 7.3 % |
ROE | 11.5 % | 4.6 % | 15.6 % | -29.0 % | 11.9 % |
ROI | 9.2 % | 4.3 % | 14.0 % | 1.5 % | 7.3 % |
Economic value added (EVA) | -51.32 | -51.70 | -49.36 | -54.17 | 24.14 |
Solvency | |||||
Equity ratio | 76.4 % | 70.1 % | 65.4 % | 52.5 % | 47.8 % |
Gearing | 30.5 % | 41.4 % | 47.7 % | 89.8 % | 109.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.0 | 0.0 | 0.0 | 2.1 | 1.9 |
Current ratio | 0.0 | 0.0 | 0.0 | 2.1 | 1.9 |
Cash and cash equivalents | 9.12 | 8.65 | 5.64 | 1 237.46 | 1 328.91 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
Variable visualization
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