M. Ø. LARSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 34057869
Svinget 8, 5683 Haarby

Credit rating

Company information

Official name
M. Ø. LARSEN HOLDING ApS
Established
2011
Company form
Private limited company
Industry

About M. Ø. LARSEN HOLDING ApS

M. Ø. LARSEN HOLDING ApS (CVR number: 34057869) is a company from ASSENS. The company recorded a gross profit of -6 kDKK in 2023. The operating profit was -6 kDKK, while net earnings were 1057.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.9 %, which can be considered good and Return on Equity (ROE) was 11.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 95.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. M. Ø. LARSEN HOLDING ApS's liquidity measured by quick ratio was 2.8 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-8.00-6.00-5.00-6.00-6.00
EBIT-8.00-6.00-5.00-6.00-6.00
Net earnings831.00307.00114.006 635.001 057.26
Shareholders equity total2 723.002 920.003 423.009 904.008 961.71
Balance sheet total (assets)2 730.003 248.003 760.0011 927.009 351.26
Net debt-1 114.00323.00198.00316.00-91.02
Profitability
EBIT-%
ROA33.8 %10.6 %3.4 %84.7 %9.9 %
ROE33.8 %10.9 %3.6 %99.6 %11.2 %
ROI33.9 %10.6 %3.4 %95.9 %11.0 %
Economic value added (EVA)-8.40-6.75-98.865.10149.02
Solvency
Equity ratio99.7 %89.9 %91.0 %83.0 %95.8 %
Gearing11.1 %5.8 %3.2 %
Relative net indebtedness %
Liquidity
Quick ratio162.36.80.40.82.8
Current ratio162.36.80.40.82.8
Cash and cash equivalents1 114.003.0091.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:9.94%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.8%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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