KØBMAND LARS NIELSEN ApS — Credit Rating and Financial Key Figures

CVR number: 30586654
Solrød Center 35, 2680 Solrød Strand
lars.nielsen1@meny.dk
tel: 56140033
www.meny.dk

Credit rating

Company information

Official name
KØBMAND LARS NIELSEN ApS
Personnel
58 persons
Established
2007
Company form
Private limited company
Industry

About KØBMAND LARS NIELSEN ApS

KØBMAND LARS NIELSEN ApS (CVR number: 30586654) is a company from SOLRØD. The company recorded a gross profit of 9076.5 kDKK in 2023. The operating profit was 380.6 kDKK, while net earnings were 174.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent but Return on Equity (ROE) was 25.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 8.8 %, 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. KØBMAND LARS NIELSEN ApS's liquidity measured by quick ratio was 0.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit9 510.0310 994.078 938.128 046.709 076.51
EBIT1 770.743 004.22718.78- 535.66380.61
Net earnings1 345.202 290.14434.22- 541.24174.07
Shareholders equity total2 405.093 295.231 529.46588.22762.29
Balance sheet total (assets)8 913.009 753.208 626.728 517.518 619.06
Net debt-3 721.12-3 196.09- 175.16682.55317.16
Profitability
EBIT-%
ROA22.4 %32.2 %7.9 %-6.1 %4.6 %
ROE77.6 %80.4 %18.0 %-51.1 %25.8 %
ROI63.0 %71.4 %14.9 %-11.8 %9.1 %
Economic value added (EVA)1 446.382 426.60642.82- 327.43413.23
Solvency
Equity ratio27.0 %33.8 %17.7 %6.9 %8.8 %
Gearing23.6 %51.0 %206.2 %615.8 %470.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.90.60.50.5
Current ratio1.11.20.80.70.8
Cash and cash equivalents4 288.444 877.903 329.222 939.713 266.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:4.55%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:8.84%
Rating: 9/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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