Bjarne Larsen ApS — Credit Rating and Financial Key Figures

CVR number: 39084414
Tudvadvej 4 F, 6040 Egtved

Company information

Official name
Bjarne Larsen ApS
Personnel
21 persons
Established
2017
Company form
Private limited company
Industry

About Bjarne Larsen ApS

Bjarne Larsen ApS (CVR number: 39084414) is a company from VEJLE. The company recorded a gross profit of 9552.4 kDKK in 2024. The operating profit was 1223.1 kDKK, while net earnings were 828.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.5 %, which can be considered excellent and Return on Equity (ROE) was 29.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 1.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Bjarne Larsen ApS's liquidity measured by quick ratio was 0.9 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit9 978.778 991.538 688.498 846.139 552.36
EBIT2 008.59865.91- 123.18- 920.951 223.09
Net earnings1 472.14581.30- 188.16-1 723.72828.16
Shareholders equity total60.31641.61453.46-1 270.2657.90
Balance sheet total (assets)7 544.277 104.226 108.485 547.865 755.63
Net debt1 827.671 592.003 065.123 504.241 450.35
Profitability
EBIT-%
ROA32.6 %12.2 %-1.3 %-13.4 %21.5 %
ROE85.0 %165.6 %-34.4 %-57.4 %29.5 %
ROI83.9 %33.2 %-2.7 %-24.2 %52.3 %
Economic value added (EVA)1 535.35571.04- 220.45- 996.06812.20
Solvency
Equity ratio0.8 %9.0 %7.4 %-18.6 %1.1 %
Gearing3031.1 %248.1 %675.9 %-275.9 %2504.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.01.00.70.9
Current ratio1.01.01.10.70.8
Cash and cash equivalents0.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:21.5%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:1.15%
Rating: 2/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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