F.C. LARSEN ApS — Credit Rating and Financial Key Figures

CVR number: 13386889
Johs Haresvej 2, 4863 Eskilstrup
tel: 43441020

Credit rating

Company information

Official name
F.C. LARSEN ApS
Personnel
2 persons
Established
1989
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About F.C. LARSEN ApS

F.C. LARSEN ApS (CVR number: 13386889) is a company from GULDBORGSUND. The company recorded a gross profit of 1107.6 kDKK in 2023. The operating profit was 69.6 kDKK, while net earnings were -19.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak but Return on Equity (ROE) was -0.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -2.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. F.C. LARSEN ApS's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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- 913.281 380.971 446.271 219.521 107.55
EBIT-1 922.83408.40380.07244.1469.59
Net earnings-2 496.74301.69272.81247.44-19.74
Shareholders equity total- 860.71- 559.02- 286.20-38.76-58.50
Balance sheet total (assets)1 439.182 110.972 698.422 697.532 624.85
Net debt1 337.00905.281 722.791 581.531 605.39
Profitability
EBIT-%
ROA-67.2 %16.5 %13.5 %9.2 %3.1 %
ROE-162.4 %17.0 %11.3 %9.2 %-0.7 %
ROI-107.0 %27.6 %23.6 %14.3 %4.5 %
Economic value added (EVA)-1 963.80501.20474.08232.02114.41
Solvency
Equity ratio-37.4 %-20.9 %-9.6 %-1.4 %-2.2 %
Gearing-174.6 %-249.9 %-623.5 %-4911.6 %-3242.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.40.60.60.5
Current ratio0.60.80.91.00.9
Cash and cash equivalents166.17491.6761.65322.38291.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:3.13%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-2.18%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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