C.A. LARSEN AUTOMOBILER A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About C.A. LARSEN AUTOMOBILER A/S
C.A. LARSEN AUTOMOBILER A/S (CVR number: 28320566) is a company from ODENSE. The company recorded a gross profit of 62.5 mDKK in 2023. The operating profit was 2480 kDKK, while net earnings were -1254 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak but Return on Equity (ROE) was -1.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 53.2 %, 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. C.A. LARSEN AUTOMOBILER A/S'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 | 67 295.00 | 77 473.00 | 76 844.00 | 61 555.00 | 62 506.00 |
EBIT | 6 801.00 | 18 046.00 | 18 270.00 | 1 517.00 | 2 480.00 |
Net earnings | 3 566.00 | 11 264.00 | 10 923.00 | -1 962.00 | -1 254.00 |
Shareholders equity total | 55 970.00 | 67 234.00 | 68 156.00 | 66 194.00 | 94 941.00 |
Balance sheet total (assets) | 147 575.00 | 175 567.00 | 184 615.00 | 184 457.00 | 178 401.00 |
Net debt | 73 838.00 | 33 124.00 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 4.8 % | 11.2 % | 10.1 % | 0.8 % | 1.7 % |
ROE | 6.2 % | 18.3 % | 16.1 % | -2.9 % | -1.6 % |
ROI | 5.6 % | 11.2 % | 10.1 % | 0.7 % | 1.3 % |
Economic value added (EVA) | 4 492.06 | 15 233.51 | 14 891.49 | -2 245.62 | - 936.10 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 35.9 % | 53.2 % |
Gearing | 125.5 % | 50.3 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.5 | 1.9 | |||
Current ratio | 12.4 | 10.9 | |||
Cash and cash equivalents | 9 220.00 | 14 675.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | A |
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