LARS W. ANDREASEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 33747403
Drejøvej 77, 7680 Thyborøn

Credit rating

Company information

Official name
LARS W. ANDREASEN HOLDING ApS
Established
2011
Company form
Private limited company
Industry

About LARS W. ANDREASEN HOLDING ApS

LARS W. ANDREASEN HOLDING ApS (CVR number: 33747403) is a company from LEMVIG. The company recorded a gross profit of -17.1 kDKK in 2023. The operating profit was -17.1 kDKK, while net earnings were 136.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak and Return on Equity (ROE) was 1.7 %, which can be considered weak. 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. LARS W. ANDREASEN HOLDING ApS's liquidity measured by quick ratio was 1.9 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 profit-11.62-17.50-14.75-15.65-17.13
EBIT-11.62-17.50-14.75-15.65-17.13
Net earnings808.511 197.11978.20742.64136.24
Shareholders equity total4 933.126 077.727 055.927 798.567 934.80
Balance sheet total (assets)4 938.126 091.887 086.107 838.5910 342.36
Net debt-1 642.03- 487.47- 198.12- 987.80-4 457.72
Profitability
EBIT-%
ROA19.7 %22.6 %15.3 %11.7 %2.9 %
ROE17.1 %21.7 %14.9 %10.0 %1.7 %
ROI17.1 %22.4 %15.2 %10.1 %2.0 %
Economic value added (EVA)- 154.28- 182.39- 295.39- 360.05- 357.69
Solvency
Equity ratio99.9 %99.8 %99.6 %99.5 %76.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio429.6267.5320.9219.61.9
Current ratio429.6267.5320.9219.61.9
Cash and cash equivalents1 642.03487.47198.12987.804 457.72
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:2.85%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.7%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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