MURERFIRMAET YDE LARSEN A/S — Credit Rating and Financial Key Figures

CVR number: 27279155
Energivej 2, 7600 Struer
ln@yde-larsen.dk
tel: 97852035

Company information

Official name
MURERFIRMAET YDE LARSEN A/S
Personnel
11 persons
Established
2003
Company form
Limited company
Industry

About MURERFIRMAET YDE LARSEN A/S

MURERFIRMAET YDE LARSEN A/S (CVR number: 27279155) is a company from STRUER. The company recorded a gross profit of 7089.6 kDKK in 2023. The operating profit was 985.2 kDKK, while net earnings were 757.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.8 %, which can be considered good but Return on Equity (ROE) was 19.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MURERFIRMAET YDE LARSEN A/S's liquidity measured by quick ratio was 2.9 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 profit5 353.809 801.958 939.727 318.657 089.63
EBIT783.764 621.942 514.93340.68985.23
Net earnings584.373 523.181 928.42223.27757.53
Shareholders equity total3 775.786 698.965 127.383 450.654 208.18
Balance sheet total (assets)6 610.3013 455.0510 686.828 292.897 140.68
Net debt-3 006.42-7 134.32-1 424.59-1 581.46-1 399.43
Profitability
EBIT-%
ROA11.5 %46.1 %21.0 %3.6 %12.8 %
ROE15.0 %67.3 %32.6 %5.2 %19.8 %
ROI18.3 %80.1 %38.1 %6.6 %22.9 %
Economic value added (EVA)565.733 590.061 989.69112.75690.82
Solvency
Equity ratio59.2 %58.0 %48.9 %58.1 %65.1 %
Gearing12.9 %3.0 %14.4 %10.4 %5.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.42.72.03.52.9
Current ratio2.21.91.91.72.2
Cash and cash equivalents3 492.007 334.772 164.061 940.011 625.72
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:12.8%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.1%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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