HENNING LARSEN & CO, VEJEN ApS

CVR number: 27970052
Nørregade 32, 6600 Vejen
vejen@danbolig.dk
www.danbolig.dk

Credit rating

Company information

Official name
HENNING LARSEN & CO, VEJEN ApS
Personnel
9 persons
Established
2004
Company form
Private limited company
Industry
  • Expand more icon68Real estate activities

About the company

HENNING LARSEN & CO, VEJEN ApS (CVR number: 27970052) is a company from VEJEN. The company recorded a gross profit of 2505 kDKK in 2023. The operating profit was 108.7 kDKK, while net earnings were 90.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.4 %, which can be considered excellent and Return on Equity (ROE) was 40.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. HENNING LARSEN & CO, VEJEN 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
20192020202120222023
Volume
Net sales
Gross profit2 057.002 949.003 580.002 082.002 504.99
EBIT217.00819.00927.0062.00108.70
Net earnings178.00647.00737.0050.0090.70
Shareholders equity total308.00777.00867.00180.00270.87
Balance sheet total (assets)1 035.002 705.002 196.00539.001 051.52
Net debt- 824.00- 292.00- 165.00- 368.00
Profitability
EBIT-%
ROA23.3 %45.4 %39.5 %6.2 %15.4 %
ROE64.5 %119.3 %89.7 %9.6 %40.2 %
ROI56.5 %98.5 %81.8 %12.4 %52.7 %
Economic value added (EVA)185.47628.88738.3732.3280.13
Solvency
Equity ratio29.8 %28.7 %39.5 %33.4 %25.8 %
Gearing58.1 %37.3 %35.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.41.51.01.2
Current ratio1.21.41.51.01.2
Cash and cash equivalents179.001 114.00603.00165.00368.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:15.4%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.8%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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