LARZEN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LARZEN HOLDING ApS
LARZEN HOLDING ApS (CVR number: 32057977) is a company from FAXE. The company recorded a gross profit of -21.3 kDKK in 2024. The operating profit was -21.3 kDKK, while net earnings were 408.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 48.1 %, which can be considered excellent and Return on Equity (ROE) was 62 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.7 %, 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. LARZEN HOLDING ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -7.76 | -7.55 | -11.90 | -16.11 | -21.30 |
EBIT | -7.76 | -7.55 | -11.90 | -16.11 | -21.30 |
Net earnings | 258.70 | 2.78 | - 818.25 | 248.15 | 408.21 |
Shareholders equity total | 1 021.95 | 1 024.73 | 206.48 | 454.63 | 862.84 |
Balance sheet total (assets) | 1 166.26 | 1 191.51 | 371.82 | 584.24 | 1 124.63 |
Net debt | 33.33 | 59.76 | 74.07 | 124.48 | 85.53 |
Profitability | |||||
EBIT-% | |||||
ROA | 25.4 % | 0.3 % | -104.5 % | 52.4 % | 48.1 % |
ROE | 29.0 % | 0.3 % | -132.9 % | 75.1 % | 62.0 % |
ROI | 28.1 % | 0.3 % | -119.7 % | 58.3 % | 53.8 % |
Economic value added (EVA) | -45.60 | -59.65 | -65.11 | -28.58 | -48.63 |
Solvency | |||||
Equity ratio | 87.6 % | 86.0 % | 55.5 % | 77.8 % | 76.7 % |
Gearing | 3.3 % | 5.8 % | 35.9 % | 27.4 % | 9.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.6 | 0.5 | 0.2 | 0.5 |
Current ratio | 0.5 | 0.6 | 0.5 | 0.2 | 0.5 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB | BBB |
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