C. LARSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 25567315
Hunderupvej 195, Thurø 5230 Odense M

Company information

Official name
C. LARSEN HOLDING ApS
Personnel
1 person
Established
2000
Domicile
Thurø
Company form
Private limited company
Industry

About C. LARSEN HOLDING ApS

C. LARSEN HOLDING ApS (CVR number: 25567315K) is a company from ODENSE. The company reported a net sales of 4 mDKK in 2023, demonstrating a decline of -99.5 % compared to the previous year. The operating profit percentage was poor at -162 % (EBIT: -6.5 mDKK), while net earnings were 32 mDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak but Return on Equity (ROE) was 22.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.5 %, 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. C. LARSEN HOLDING ApS's liquidity measured by quick ratio was 5 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales488 707.00607 845.00655 881.00794 851.004 044.00
Gross profit17 244.0029 757.0042 487.00100 043.00-3 812.00
EBIT-2 993.009 956.0018 908.0072 129.00-6 550.00
Net earnings-4 809.007 406.0010 566.0055 835.0031 958.00
Shareholders equity total147 045.00154 296.00164 712.00215 063.00138 408.00
Balance sheet total (assets)324 936.00436 285.00425 663.00527 706.00200 375.00
Net debt-80 855.00-57 546.00
Profitability
EBIT-%-0.6 %1.6 %2.9 %9.1 %-162.0 %
ROA-0.9 %2.6 %4.4 %15.8 %1.4 %
ROE-6.5 %4.9 %6.6 %36.3 %22.7 %
ROI-0.9 %2.6 %4.4 %19.5 %1.9 %
Economic value added (EVA)-2 993.002 566.9911 154.6348 022.56-11 207.02
Solvency
Equity ratio100.0 %100.0 %100.0 %40.8 %69.5 %
Gearing46.9 %27.0 %
Relative net indebtedness %12.5 %-815.2 %
Liquidity
Quick ratio2.05.0
Current ratio2.04.8
Cash and cash equivalents181 782.0094 934.00
Capital use efficiency
Trade debtors turnover (days)57.1
Net working capital %16.8 %571.4 %
Credit risk
Credit ratingBBBBBBBBBAAAA

Variable visualization

ROA:1.35%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.5%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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