FINN LARSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 32660460
Langballevænget 92, 8320 Mårslet

Credit rating

Company information

Official name
FINN LARSEN HOLDING ApS
Established
2009
Company form
Private limited company
Industry

About FINN LARSEN HOLDING ApS

FINN LARSEN HOLDING ApS (CVR number: 32660460) is a company from AARHUS. The company recorded a gross profit of -8.8 kDKK in 2023. The operating profit was -8.8 kDKK, while net earnings were 200.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8 %, which can be considered good and Return on Equity (ROE) was 8.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FINN LARSEN HOLDING ApS's liquidity measured by quick ratio was 352.8 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-26.62-40.50-15.50-26.78-8.83
EBIT-26.62-40.50-15.50-26.78-8.83
Net earnings-86.9579.51- 144.1558.78200.43
Shareholders equity total2 677.812 646.722 389.572 333.952 416.58
Balance sheet total (assets)2 776.792 652.972 397.032 340.202 422.83
Net debt-1 843.56-2 388.99-2 132.05-2 080.21-2 153.84
Profitability
EBIT-%
ROA4.3 %4.1 %-5.4 %2.5 %8.0 %
ROE-3.1 %3.0 %-5.7 %2.5 %8.4 %
ROI4.3 %4.1 %-5.4 %2.5 %8.1 %
Economic value added (EVA)-49.64-40.56-28.45-39.72-21.99
Solvency
Equity ratio96.4 %99.8 %99.7 %99.7 %99.7 %
Gearing3.5 %
Relative net indebtedness %
Liquidity
Quick ratio22.7389.6292.0339.6352.8
Current ratio22.7389.6292.0339.6352.8
Cash and cash equivalents1 936.292 388.992 132.052 080.212 153.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:8.04%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 96/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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