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Erik Larsen & Søn Holding ApS — Credit Rating and Financial Key Figures

CVR number: 38517546
Hovedvejen 219, 2600 Glostrup
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Credit rating

Company information

Official name
Erik Larsen & Søn Holding ApS
Established
2016
Company form
Private limited company
Industry

About Erik Larsen & Søn Holding ApS

Erik Larsen & Søn Holding ApS (CVR number: 38517546) is a company from GLOSTRUP. The company recorded a gross profit of -228.6 kDKK in 2024. The operating profit was -228.6 kDKK, while net earnings were 1039.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak but Return on Equity (ROE) was 4.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 68.2 %, 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. Erik Larsen & Søn Holding ApS's liquidity measured by quick ratio was 1.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-15.00-17.11-32.10-26.00- 228.57
EBIT-15.00-17.11-32.10-26.00- 228.57
Net earnings-12.37-13.713 974.7711 470.811 039.65
Shareholders equity total7 952.287 882.0611 799.6423 211.5524 190.20
Balance sheet total (assets)7 967.2813 378.8826 743.7535 109.5135 444.08
Net debt-87.275 455.138 901.785 576.773 516.31
Profitability
EBIT-%
ROA-0.2 %-0.2 %19.8 %37.7 %3.9 %
ROE-0.2 %-0.2 %40.4 %65.5 %4.4 %
ROI-0.2 %-0.2 %23.3 %47.1 %3.4 %
Economic value added (EVA)- 414.70- 412.95- 695.31-1 060.60-1 620.06
Solvency
Equity ratio99.8 %58.9 %44.1 %66.1 %68.2 %
Gearing69.2 %75.5 %24.2 %17.0 %
Relative net indebtedness %
Liquidity
Quick ratio6.31.00.81.71.8
Current ratio6.31.00.81.71.8
Cash and cash equivalents87.270.681.3340.20600.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:3.86%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.2%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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