Lykke og Larsen Holding ApS — Credit Rating and Financial Key Figures

CVR number: 37304786
Hesselly 9, 6000 Kolding

Company information

Official name
Lykke og Larsen Holding ApS
Established
2015
Company form
Private limited company
Industry

About Lykke og Larsen Holding ApS

Lykke og Larsen Holding ApS (CVR number: 37304786) is a company from KOLDING. The company reported a net sales of 7.6 mDKK in 2023, demonstrating a growth of 0.9 % compared to the previous year. The operating profit percentage was at 99.8 % (EBIT: 7.6 mDKK), while net earnings were 7425 kDKK. The profitability of the company measured by Return on Assets (ROA) was 46.2 %, which can be considered excellent and Return on Equity (ROE) was 60.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.1 %, 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. Lykke og Larsen Holding ApS's liquidity measured by quick ratio was 0.7 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales2 799.001 275.003 839.007 561.007 625.85
Gross profit2 789.001 260.003 823.007 545.007 608.84
EBIT2 789.001 260.003 823.007 545.007 608.84
Net earnings2 771.001 220.003 766.006 148.007 425.04
Shareholders equity total5 541.005 560.008 727.0011 474.0012 899.61
Balance sheet total (assets)6 461.006 655.0011 548.0015 536.0017 406.31
Net debt525.00472.001 578.002 170.002 829.34
Profitability
EBIT-%99.6 %98.8 %99.6 %99.8 %99.8 %
ROA56.6 %19.2 %42.0 %65.3 %46.2 %
ROE66.7 %22.0 %52.7 %60.9 %60.9 %
ROI61.3 %20.8 %46.8 %52.2 %51.0 %
Economic value added (EVA)2 642.04966.503 540.307 064.176 976.18
Solvency
Equity ratio85.8 %83.5 %75.6 %73.9 %74.1 %
Gearing9.5 %8.5 %18.1 %18.9 %25.7 %
Relative net indebtedness %32.8 %85.9 %73.5 %53.7 %52.8 %
Liquidity
Quick ratio0.90.40.40.60.7
Current ratio0.90.40.40.60.7
Cash and cash equivalents3.00483.23
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-2.3 %-48.8 %-41.5 %-22.5 %-18.5 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:46.2%
Rating: 92/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.1%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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