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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 794.9 mDKK in 2022, demonstrating a growth of 21.2 % compared to the previous year. The operating profit percentage was at 9.1 % (EBIT: 72.1 mDKK), while net earnings were 55.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 15.8 %, which can be considered excellent and Return on Equity (ROE) was 36.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 40.8 %, 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. C. LARSEN HOLDING ApS's liquidity measured by quick ratio was 2 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 648.15 | 488.71 | 607.85 | 655.88 | 794.85 |
| Gross profit | 48.50 | 17.24 | 29.76 | 42.49 | 100.04 |
| EBIT | 48.50 | -2.99 | 9.96 | 18.91 | 72.13 |
| Net earnings | 15.18 | -4.81 | 7.41 | 10.57 | 55.84 |
| Shareholders equity total | 147.04 | 154.30 | 164.71 | 215.06 | |
| Balance sheet total (assets) | 350.15 | 324.94 | 436.29 | 425.66 | 527.71 |
| Net debt | -80.86 | ||||
| Profitability | |||||
| EBIT-% | 7.5 % | -0.6 % | 1.6 % | 2.9 % | 9.1 % |
| ROA | 13.7 % | -0.9 % | 2.6 % | 4.4 % | 15.8 % |
| ROE | 29.5 % | -6.5 % | 4.9 % | 6.6 % | 36.3 % |
| ROI | 16.8 % | -0.9 % | 2.6 % | 4.4 % | 19.5 % |
| Economic value added (EVA) | 37.14 | -2.99 | 2.57 | 11.15 | 48.02 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 100.0 % | 40.8 % | |
| Gearing | 46.9 % | ||||
| Relative net indebtedness % | 12.5 % | ||||
| Liquidity | |||||
| Quick ratio | 2.0 | ||||
| Current ratio | 2.0 | ||||
| Cash and cash equivalents | 181.78 | ||||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 57.1 | ||||
| Net working capital % | 16.8 % | ||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | A | A |
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