Lars Horsbøl Holding ApS — Credit Rating and Financial Key Figures

CVR number: 40072772
Borgergade 24 B, 1300 København K
contact@larshorsbol.com
tel: 41676870

Credit rating

Company information

Official name
Lars Horsbøl Holding ApS
Personnel
1 person
Established
2018
Company form
Private limited company
Industry

About Lars Horsbøl Holding ApS

Lars Horsbøl Holding ApS (CVR number: 40072772) is a company from KØBENHAVN. The company recorded a gross profit of 122.2 kDKK in 2023. The operating profit was 94.3 kDKK, while net earnings were 72.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.4 %, which can be considered decent and Return on Equity (ROE) was 7.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 89.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Lars Horsbøl Holding ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales116.29
Gross profit72.56100.95122.22
EBIT47.55130.50241.04100.9594.27
Net earnings37.01101.02186.56627.5672.85
Shareholders equity total42.01143.03379.59957.281 030.13
Balance sheet total (assets)53.78193.07453.921 383.151 154.48
Net debt-53.78-43.07-29.7166.04-27.22
Profitability
EBIT-%40.9 %
ROA88.4 %105.7 %74.5 %70.9 %7.4 %
ROE88.1 %109.2 %71.4 %93.9 %7.3 %
ROI113.2 %141.0 %92.2 %74.7 %7.6 %
Economic value added (EVA)37.09102.38190.5271.2153.53
Solvency
Equity ratio78.1 %74.1 %83.6 %69.2 %89.2 %
Gearing42.3 %8.3 %
Relative net indebtedness %-36.1 %
Liquidity
Quick ratio4.60.90.90.91.0
Current ratio4.60.90.90.91.0
Cash and cash equivalents53.7843.0729.71338.96112.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %36.1 %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:7.41%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.2%
Rating: 69/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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