LARS LARSEN ApS — Credit Rating and Financial Key Figures

CVR number: 30506995
Stormarksvej 2, 4040 Jyllinge
ml@ml-kontor.dk
tel: 20321978

Credit rating

Company information

Official name
LARS LARSEN ApS
Personnel
1 person
Established
2008
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit455.00274.00556.00649.00583.06
EBIT-98.00-8.0022.00103.00-32.31
Net earnings-82.00-5.0011.0077.00-20.38
Shareholders equity total587.00582.00593.00670.00649.36
Balance sheet total (assets)980.00859.00979.00974.00873.43
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)- 105.71-30.38-13.1962.02-40.98
Solvency
Equity ratio59.9 %67.8 %60.6 %68.8 %74.3 %
Gearing1.0 %2.2 %1.9 %0.4 %0.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.12.62.02.53.2
Current ratio2.22.82.12.73.4
Cash and cash equivalents115.0052.00233.00311.00226.28
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-4.01%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.3%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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