FINN MAX LAURSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 28108370
Engsvinget 37 D, Bellinge 5250 Odense SV

Company information

Official name
FINN MAX LAURSEN HOLDING ApS
Personnel
4 persons
Established
2004
Domicile
Bellinge
Company form
Private limited company
Industry

About FINN MAX LAURSEN HOLDING ApS

FINN MAX LAURSEN HOLDING ApS (CVR number: 28108370) is a company from ODENSE. The company reported a net sales of 0.5 mDKK in 2023, demonstrating a decline of -10.3 % compared to the previous year. The operating profit percentage was at 74.2 % (EBIT: 0.4 mDKK), while net earnings were 7897.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.8 %, which can be considered good and Return on Equity (ROE) was 13 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 97.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FINN MAX LAURSEN HOLDING ApS's liquidity measured by quick ratio was 39.2 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales550.82- 163.76378.89528.18473.63
Gross profit523.51- 187.68338.43490.31451.60
EBIT423.51- 287.68238.43390.31351.60
Net earnings8 649.85991.457 576.60-14 649.827 897.87
Shareholders equity total63 555.4964 346.9471 723.5456 673.7264 571.60
Balance sheet total (assets)63 864.2664 641.3973 791.7158 900.1166 195.77
Net debt- 353.50-58 276.74-67 770.63-50 495.63-58 323.87
Profitability
EBIT-%76.9 %62.9 %73.9 %74.2 %
ROA17.4 %2.1 %13.9 %-22.0 %12.8 %
ROE14.6 %1.6 %11.1 %-22.8 %13.0 %
ROI17.5 %2.1 %14.1 %-22.3 %12.8 %
Economic value added (EVA)-2 326.84-3 291.81-48.45293.24241.74
Solvency
Equity ratio99.5 %99.5 %97.2 %96.2 %97.5 %
Gearing0.0 %0.4 %3.3 %1.9 %
Relative net indebtedness %-8.1 %35416.5 %-17417.8 %-9493.6 %-12230.4 %
Liquidity
Quick ratio17.3214.934.825.539.2
Current ratio17.3214.934.825.539.2
Cash and cash equivalents353.5058 291.0468 062.4752 370.0159 550.80
Capital use efficiency
Trade debtors turnover (days)
Net working capital %915.8 %-2873.5 %509.9 %413.9 %513.0 %
Credit risk
Credit ratingAAAAABBBAA

Variable visualization

ROA:12.8%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.5%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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