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: 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales5 677.004 042.00
Gross profit3 246.00-2 701.00
EBIT6 142.00-5 424.00
Net earnings27 847.0031 958.00
Shareholders equity total142 758.00138 408.00
Balance sheet total (assets)192 079.00200 349.00
Net debt14 955.00-57 205.00
Profitability
EBIT-%108.2 %-134.2 %
ROA15.6 %18.1 %
ROE19.5 %22.7 %
ROI15.7 %19.4 %
Economic value added (EVA)4 790.63-5 958.58
Solvency
Equity ratio74.8 %69.5 %
Gearing33.4 %27.0 %
Relative net indebtedness %291.8 %-807.8 %
Liquidity
Quick ratio11.35.1
Current ratio8.54.8
Cash and cash equivalents32 758.0094 593.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %332.5 %594.2 %
Credit risk
Credit ratingBBAAA

Variable visualization

ROA:18.1%
Rating: 71/100
-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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