OVE ÅKJÆR LARSEN INVEST ApS — Credit Rating and Financial Key Figures

CVR number: 27957838
Koldingvej 54, Vester Nebel 6040 Egtved

Credit rating

Company information

Official name
OVE ÅKJÆR LARSEN INVEST ApS
Established
2004
Domicile
Vester Nebel
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit
EBIT-4.07-4.49-4.53-5.16-5.22
Net earnings110.4743.29148.43- 236.8476.87
Shareholders equity total968.22921.50979.93653.09639.96
Balance sheet total (assets)1 267.111 313.731 499.031 242.951 339.51
Net debt286.65372.81461.53- 650.89- 629.36
Profitability
EBIT-%
ROA9.2 %4.3 %13.7 %1.5 %7.3 %
ROE11.5 %4.6 %15.6 %-29.0 %11.9 %
ROI9.2 %4.3 %14.0 %1.5 %7.3 %
Economic value added (EVA)-51.32-51.70-49.36-54.1724.14
Solvency
Equity ratio76.4 %70.1 %65.4 %52.5 %47.8 %
Gearing30.5 %41.4 %47.7 %89.8 %109.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.02.11.9
Current ratio0.00.00.02.11.9
Cash and cash equivalents9.128.655.641 237.461 328.91
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:7.29%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.8%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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