LARS SINNERUP HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 32776574
Sølystvej 93, 8600 Silkeborg

Credit rating

Company information

Official name
LARS SINNERUP HOLDING ApS
Established
2010
Company form
Private limited company
Industry

About LARS SINNERUP HOLDING ApS

LARS SINNERUP HOLDING ApS (CVR number: 32776574) is a company from SILKEBORG. The company recorded a gross profit of -77.1 kDKK in 2023. The operating profit was -77.1 kDKK, while net earnings were -5456.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.6 %, which can be considered poor and Return on Equity (ROE) was -7.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 90.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LARS SINNERUP HOLDING ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit-62.55-68.18-90.00-69.94-77.07
EBIT-62.55-68.18-90.00-69.94-77.07
Net earnings-1 981.142 192.114 687.87-2 933.53-5 456.76
Shareholders equity total67 653.5269 628.1075 374.9676 605.4368 216.88
Balance sheet total (assets)75 887.7976 769.9981 578.8282 220.0375 675.10
Net debt3 953.897 057.926 086.065 467.095 874.47
Profitability
EBIT-%
ROA-2.3 %3.1 %6.0 %-3.4 %-6.6 %
ROE-2.9 %3.2 %6.5 %-3.9 %-7.5 %
ROI-2.4 %3.2 %6.1 %-3.4 %-6.7 %
Economic value added (EVA)529.46328.65317.68571.37589.81
Solvency
Equity ratio89.1 %90.7 %92.4 %93.2 %90.1 %
Gearing6.2 %10.2 %8.1 %7.2 %8.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.10.00.10.4
Current ratio0.20.10.00.10.4
Cash and cash equivalents262.0818.9752.8051.5286.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAAABBB

Variable visualization

ROA:-6.64%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.1%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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