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

CVR number: 33572999
Hjortsvangen 34, 7323 Give
tel: 75732533

Company information

Official name
H & V LARSEN ApS
Personnel
9 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 3752.6 kDKK in 2023. The operating profit was 267.5 kDKK, while net earnings were 168 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered decent and Return on Equity (ROE) was 4.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 41.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. H & V LARSEN ApS's liquidity measured by quick ratio was 1.2 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 525.872 796.482 755.273 343.033 752.65
EBIT68.88-2.82- 254.07359.30267.54
Net earnings40.60-12.22- 221.44261.62167.97
Shareholders equity total3 989.573 977.353 755.913 840.293 008.26
Balance sheet total (assets)5 276.857 607.695 485.736 164.267 291.65
Net debt- 769.821 877.71- 100.64- 764.521 411.12
Profitability
EBIT-%
ROA1.6 %1.2 %-3.9 %6.2 %4.0 %
ROE1.4 %-0.3 %-5.7 %6.9 %4.9 %
ROI2.0 %1.4 %-4.6 %8.1 %5.7 %
Economic value added (EVA)-21.82- 160.89- 390.2998.7657.11
Solvency
Equity ratio75.6 %52.3 %68.5 %63.4 %41.3 %
Gearing1.5 %53.2 %9.5 %7.8 %53.0 %
Relative net indebtedness %
Liquidity
Quick ratio5.01.32.02.01.2
Current ratio5.21.42.11.91.3
Cash and cash equivalents830.75238.98459.021 065.85183.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:4.04%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.3%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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