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H & V LARSEN ApS — Credit Rating and Financial Key Figures

CVR number: 33572999
Hjortsvangen 34, 7323 Give
tel: 75732533
Free credit report Annual report

Company information

Official name
H & V LARSEN ApS
Personnel
8 persons
Established
2011
Company form
Private limited company
Industry

About H & V LARSEN ApS

H & V LARSEN ApS (CVR number: 33572999) is a company from VEJLE. The company recorded a gross profit of 3814.6 kDKK in 2024. The operating profit was 174 kDKK, while net earnings were 45.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.2 %, which can be considered weak and Return on Equity (ROE) was 1.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 25.6 %, 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. H & V LARSEN ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit2 796.482 755.273 343.033 752.653 814.58
EBIT-2.82- 254.07359.30267.54174.03
Net earnings-12.22- 221.44261.62167.9745.77
Shareholders equity total3 977.353 755.913 840.293 008.26-6.74
Balance sheet total (assets)7 607.695 485.736 164.267 291.653 919.32
Net debt1 877.71- 100.64- 764.521 411.121 035.08
Profitability
EBIT-%
ROA1.2 %-3.9 %6.2 %4.0 %3.2 %
ROE-0.3 %-5.7 %6.9 %4.9 %1.3 %
ROI1.4 %-4.6 %8.1 %5.7 %5.3 %
Economic value added (EVA)- 226.94- 527.0053.70-14.07- 151.38
Solvency
Equity ratio52.3 %68.5 %63.4 %41.3 %25.6 %
Gearing53.2 %9.5 %7.8 %53.0 %-19322.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.32.02.01.21.5
Current ratio1.42.11.91.31.5
Cash and cash equivalents238.98459.021 065.85183.33266.69
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:3.18%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.6%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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