LARSEN & RASMUSSEN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LARSEN & RASMUSSEN HOLDING ApS
LARSEN & RASMUSSEN HOLDING ApS (CVR number: 29315930) is a company from SVENDBORG. The company recorded a gross profit of -10.8 kDKK in 2024. The operating profit was -10.8 kDKK, while net earnings were 301.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13 %, which can be considered good and Return on Equity (ROE) was 13.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 97.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LARSEN & RASMUSSEN HOLDING ApS's liquidity measured by quick ratio was 15.5 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -13.47 | -13.04 | -10.57 | -12.61 | -10.75 |
| EBIT | -13.47 | -13.04 | -10.57 | -12.61 | -10.75 |
| Net earnings | 323.19 | 162.29 | 226.26 | 179.78 | 301.44 |
| Shareholders equity total | 1 927.55 | 1 939.84 | 2 116.10 | 2 178.08 | 2 357.53 |
| Balance sheet total (assets) | 2 002.80 | 1 984.07 | 2 164.69 | 2 212.39 | 2 424.21 |
| Net debt | - 461.50 | - 491.23 | - 527.92 | - 506.12 | - 536.10 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 17.0 % | 8.2 % | 10.9 % | 8.2 % | 13.0 % |
| ROE | 17.7 % | 8.4 % | 11.2 % | 8.4 % | 13.3 % |
| ROI | 17.8 % | 8.5 % | 11.2 % | 8.3 % | 13.2 % |
| Economic value added (EVA) | -97.00 | - 107.07 | - 105.81 | - 116.28 | - 117.89 |
| Solvency | |||||
| Equity ratio | 96.2 % | 97.8 % | 97.8 % | 98.4 % | 97.2 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 12.2 | 20.9 | 20.2 | 29.4 | 15.5 |
| Current ratio | 12.2 | 20.9 | 20.2 | 29.4 | 15.5 |
| Cash and cash equivalents | 461.50 | 491.23 | 527.92 | 506.12 | 536.10 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | A |
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