C. LARSEN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 488 707.00 | 607 845.00 | 655 881.00 | 794 851.00 | 4 044.00 |
Gross profit | 17 244.00 | 29 757.00 | 42 487.00 | 100 043.00 | -3 812.00 |
EBIT | -2 993.00 | 9 956.00 | 18 908.00 | 72 129.00 | -6 550.00 |
Net earnings | -4 809.00 | 7 406.00 | 10 566.00 | 55 835.00 | 31 958.00 |
Shareholders equity total | 147 045.00 | 154 296.00 | 164 712.00 | 215 063.00 | 138 408.00 |
Balance sheet total (assets) | 324 936.00 | 436 285.00 | 425 663.00 | 527 706.00 | 200 375.00 |
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) | -2 993.00 | 2 566.99 | 11 154.63 | 48 022.56 | -11 207.02 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 40.8 % | 69.5 % |
Gearing | 46.9 % | 27.0 % | |||
Relative net indebtedness % | 12.5 % | -815.2 % | |||
Liquidity | |||||
Quick ratio | 2.0 | 5.0 | |||
Current ratio | 2.0 | 4.8 | |||
Cash and cash equivalents | 181 782.00 | 94 934.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 57.1 | ||||
Net working capital % | 16.8 % | 571.4 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | A |
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