Bjarne Larsen ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Bjarne Larsen ApS
Bjarne Larsen ApS (CVR number: 39084414) is a company from VEJLE. The company recorded a gross profit of 8846.1 kDKK in 2023. The operating profit was -920.9 kDKK, while net earnings were -1723.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.4 %, which can be considered poor and Return on Equity (ROE) was -57.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -18.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Bjarne Larsen 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 5 356.01 | 9 978.77 | 8 991.53 | 8 688.49 | 8 846.13 |
EBIT | -1 381.01 | 2 008.59 | 865.91 | - 123.18 | - 920.95 |
Net earnings | -1 187.72 | 1 472.14 | 581.30 | - 188.16 | -1 723.72 |
Shareholders equity total | -1 411.83 | 60.31 | 641.61 | 453.46 | -1 270.26 |
Balance sheet total (assets) | 3 402.64 | 7 544.27 | 7 104.22 | 6 108.48 | 5 547.86 |
Net debt | 1 940.59 | 1 827.67 | 1 592.00 | 3 065.12 | 3 504.24 |
Profitability | |||||
EBIT-% | |||||
ROA | -38.7 % | 32.6 % | 12.2 % | -1.3 % | -13.4 % |
ROE | -43.2 % | 85.0 % | 165.6 % | -34.4 % | -57.4 % |
ROI | -88.9 % | 83.9 % | 33.2 % | -2.7 % | -24.2 % |
Economic value added (EVA) | -1 087.89 | 1 632.87 | 663.90 | - 132.15 | - 861.01 |
Solvency | |||||
Equity ratio | -29.3 % | 0.8 % | 9.0 % | 7.4 % | -18.6 % |
Gearing | -137.5 % | 3031.1 % | 248.1 % | 675.9 % | -275.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 1.0 | 1.0 | 1.0 | 0.7 |
Current ratio | 0.6 | 1.0 | 1.0 | 1.1 | 0.7 |
Cash and cash equivalents | 0.37 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BB |
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