J. A. LARSEN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About J. A. LARSEN HOLDING ApS
J. A. LARSEN HOLDING ApS (CVR number: 29613613) is a company from ODENSE. The company recorded a gross profit of -39.6 kDKK in 2024. The operating profit was -47.4 kDKK, while net earnings were -96.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.4 %, which can be considered poor and Return on Equity (ROE) was -11.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 26.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. J. A. LARSEN HOLDING 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 370.00 | 217.00 | 303.76 | -87.38 | -39.62 |
EBIT | 334.00 | 196.00 | 295.96 | -95.18 | -47.42 |
Net earnings | 216.00 | 180.00 | 248.71 | - 124.68 | -96.11 |
Shareholders equity total | 570.00 | 750.00 | 999.18 | 874.49 | 778.38 |
Balance sheet total (assets) | 5 668.00 | 5 632.00 | 4 201.20 | 3 005.26 | 2 980.89 |
Net debt | 4 030.00 | 4 284.00 | 837.87 | 974.39 | 1 084.36 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.9 % | 3.8 % | 6.4 % | -2.0 % | -0.4 % |
ROE | 46.8 % | 27.3 % | 28.4 % | -13.3 % | -11.6 % |
ROI | 6.0 % | 3.8 % | 6.5 % | -2.0 % | -0.4 % |
Economic value added (EVA) | -2.14 | - 137.27 | 143.38 | - 281.41 | - 195.49 |
Solvency | |||||
Equity ratio | 10.2 % | 13.3 % | 23.8 % | 29.1 % | 26.1 % |
Gearing | 836.3 % | 626.5 % | 314.8 % | 238.8 % | 281.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 1.2 | 1.1 | 0.5 | 0.5 |
Current ratio | 0.3 | 1.2 | 1.1 | 0.5 | 0.5 |
Cash and cash equivalents | 737.00 | 415.00 | 2 307.04 | 1 114.31 | 1 105.65 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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