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VENDELBO-LARSEN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About VENDELBO-LARSEN HOLDING ApS
VENDELBO-LARSEN HOLDING ApS (CVR number: 35633251) is a company from GLADSAXE. The company recorded a gross profit of -8.5 kDKK in 2024. The operating profit was -8.5 kDKK, while net earnings were 858.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.3 %, which can be considered good and Return on Equity (ROE) was 12.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VENDELBO-LARSEN HOLDING ApS's liquidity measured by quick ratio was 107.3 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -6.16 | -16.96 | -7.68 | -8.11 | -8.50 |
| EBIT | -6.16 | -16.96 | -7.68 | -8.11 | -8.50 |
| Net earnings | 1 466.03 | 1 194.23 | 787.17 | 1 078.51 | 858.82 |
| Shareholders equity total | 5 545.17 | 6 339.40 | 6 326.57 | 6 605.08 | 6 663.90 |
| Balance sheet total (assets) | 5 571.80 | 6 343.80 | 6 330.57 | 6 609.08 | 6 687.14 |
| Net debt | - 396.76 | - 186.60 | - 381.72 | - 237.38 | - 151.51 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 27.3 % | 20.3 % | 12.6 % | 17.0 % | 13.3 % |
| ROE | 28.1 % | 20.1 % | 12.4 % | 16.7 % | 12.9 % |
| ROI | 27.4 % | 20.3 % | 12.6 % | 17.1 % | 13.3 % |
| Economic value added (EVA) | - 268.96 | - 291.89 | - 324.54 | - 324.20 | - 338.43 |
| Solvency | |||||
| Equity ratio | 99.5 % | 99.9 % | 99.9 % | 99.9 % | 99.7 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 95.0 | 579.4 | 615.0 | 618.1 | 107.3 |
| Current ratio | 95.0 | 579.4 | 615.0 | 618.1 | 107.3 |
| Cash and cash equivalents | 396.76 | 186.60 | 381.72 | 237.38 | 151.51 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | AA | AA | A | AA | AA |
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