LARS LARSEN ApS
Credit rating
Company information
About LARS LARSEN ApS
LARS LARSEN ApS (CVR number: 30506995) is a company from ROSKILDE. The company recorded a gross profit of 583.1 kDKK in 2023. The operating profit was -32.3 kDKK, while net earnings were -20.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4 %, which can be considered poor and Return on Equity (ROE) was -3.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. LARS LARSEN ApS's liquidity measured by quick ratio was 3.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 455.00 | 274.00 | 556.00 | 649.00 | 583.06 |
EBIT | -98.00 | -8.00 | 22.00 | 103.00 | -32.31 |
Net earnings | -82.00 | -5.00 | 11.00 | 77.00 | -20.38 |
Shareholders equity total | 587.00 | 582.00 | 593.00 | 670.00 | 649.36 |
Balance sheet total (assets) | 980.00 | 859.00 | 979.00 | 974.00 | 873.43 |
Net debt | - 109.00 | -39.00 | - 222.00 | - 308.00 | - 223.59 |
Profitability | |||||
EBIT-% | |||||
ROA | -9.6 % | -0.2 % | 2.5 % | 10.5 % | -4.0 % |
ROE | -11.8 % | -0.9 % | 1.9 % | 12.2 % | -3.1 % |
ROI | -14.0 % | -0.3 % | 3.8 % | 16.1 % | -5.6 % |
Economic value added (EVA) | - 105.71 | -30.38 | -13.19 | 62.02 | -40.98 |
Solvency | |||||
Equity ratio | 59.9 % | 67.8 % | 60.6 % | 68.8 % | 74.3 % |
Gearing | 1.0 % | 2.2 % | 1.9 % | 0.4 % | 0.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.1 | 2.6 | 2.0 | 2.5 | 3.2 |
Current ratio | 2.2 | 2.8 | 2.1 | 2.7 | 3.4 |
Cash and cash equivalents | 115.00 | 52.00 | 233.00 | 311.00 | 226.28 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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