LARS FOGH. AALBORG ApS — Credit Rating and Financial Key Figures

CVR number: 36438517
Vissebakkegård 11, 9210 Aalborg SØ
tel: 27873100

Credit rating

Company information

Official name
LARS FOGH. AALBORG ApS
Established
1919
Company form
Private limited company
Industry

About LARS FOGH. AALBORG ApS

LARS FOGH. AALBORG ApS (CVR number: 36438517) is a company from AALBORG. The company reported a net sales of 20.3 mDKK in 2023, demonstrating a growth of 1985.4 % compared to the previous year. The operating profit percentage was at 99.2 % (EBIT: 20.2 mDKK), while net earnings were 23.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.5 %, which can be considered good and Return on Equity (ROE) was 9.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 73 %, 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 FOGH. AALBORG ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales14 155.4612 558.529 596.05975.5320 343.64
Gross profit13 941.8512 486.089 518.45893.7720 183.24
EBIT13 941.8512 486.089 518.45893.7720 183.24
Net earnings15 460.0216 001.0612 895.083 506.1723 361.07
Shareholders equity total195 422.68207 141.13221 525.07224 295.46250 598.27
Balance sheet total (assets)203 201.98211 950.30239 113.13245 106.63343 247.57
Net debt7 095.812 543.6416 570.3619 694.7991 260.93
Profitability
EBIT-%98.5 %99.4 %99.2 %91.6 %99.2 %
ROA7.8 %8.2 %6.2 %2.0 %8.5 %
ROE8.2 %7.9 %6.0 %1.6 %9.8 %
ROI7.9 %8.2 %6.3 %2.0 %8.6 %
Economic value added (EVA)16 051.4811 319.228 491.90750.0816 277.31
Solvency
Equity ratio96.2 %97.7 %92.6 %91.5 %73.0 %
Gearing3.8 %1.8 %7.5 %9.0 %36.6 %
Relative net indebtedness %53.3 %28.2 %183.1 %2094.3 %452.9 %
Liquidity
Quick ratio8.116.54.22.41.3
Current ratio8.116.54.22.41.3
Cash and cash equivalents238.321 271.1113.28380.31515.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %263.7 %421.0 %561.2 %2941.3 %150.9 %
Credit risk
Credit ratingAAAAAAAAAAAAAA

Variable visualization

ROA:8.55%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.0%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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