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: 25567315) is a company from ODENSE. The company reported a net sales of 4 mDKK in 2023, demonstrating a decline of -28.8 % compared to the previous year. The operating profit percentage was poor at -134.2 % (EBIT: -5.4 mDKK), while net earnings were 32 mDKK. The profitability of the company measured by Return on Assets (ROA) was 18.1 %, which can be considered excellent and 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 5.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
|---|---|---|---|
| Volume | |||
| Net sales | 5 677.00 | 4 042.00 | |
| Gross profit | 3 246.00 | -2 701.00 | |
| EBIT | 6 142.00 | -5 424.00 | |
| Net earnings | 27 847.00 | 31 958.00 | |
| Shareholders equity total | 142 758.00 | 138 408.00 | |
| Balance sheet total (assets) | 192 079.00 | 200 349.00 | |
| Net debt | 14 955.00 | -57 205.00 | |
| Profitability | |||
| EBIT-% | 108.2 % | -134.2 % | |
| ROA | 15.6 % | 18.1 % | |
| ROE | 19.5 % | 22.7 % | |
| ROI | 15.7 % | 19.4 % | |
| Economic value added (EVA) | 4 790.63 | -5 958.58 | |
| Solvency | |||
| Equity ratio | 74.8 % | 69.5 % | |
| Gearing | 33.4 % | 27.0 % | |
| Relative net indebtedness % | 291.8 % | -807.8 % | |
| Liquidity | |||
| Quick ratio | 11.3 | 5.1 | |
| Current ratio | 8.5 | 4.8 | |
| Cash and cash equivalents | 32 758.00 | 94 593.00 | |
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | 332.5 % | 594.2 % | |
| Credit risk | |||
| Credit rating | BB | AA | A |
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