LARS BILGAARD HOLDING ApS

CVR number: 32345247
Æbleskivegyden 27, 5270 Odense N
l.bilgaard@gmail.com

Credit rating

Company information

Official name
LARS BILGAARD HOLDING ApS
Established
2013
Company form
Private limited company
Industry
  • Expand more icon25Manufacture of fabricated metal products, except machinery and equipment

About the company

LARS BILGAARD HOLDING ApS (CVR number: 32345247) is a company from ODENSE. The company reported a net sales of 0.5 mDKK in 2023, demonstrating a decline of -50 % compared to the previous year. The operating profit percentage was at 97.3 % (EBIT: 0.5 mDKK), while net earnings were 367.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.4 %, which can be considered good and Return on Equity (ROE) was 10.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 72.6 %, 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. LARS BILGAARD HOLDING ApS's liquidity measured by quick ratio was 5.6 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
20192020202120222023
Volume
Net sales645.97689.53540.561 017.19508.33
Gross profit724.07833.97706.591 167.62515.66
EBIT704.09814.00686.621 147.65494.82
Net earnings618.34663.04510.42976.87367.45
Shareholders equity total1 378.371 986.112 440.033 266.913 575.46
Balance sheet total (assets)3 235.313 742.304 042.164 794.654 928.03
Net debt1 033.17855.63659.40707.75988.34
Profitability
EBIT-%109.0 %118.1 %127.0 %112.8 %97.3 %
ROA26.8 %23.3 %17.6 %26.0 %10.4 %
ROE56.4 %39.4 %23.1 %34.2 %10.7 %
ROI29.0 %25.3 %18.6 %27.0 %10.6 %
Economic value added (EVA)633.17622.11515.62962.40354.64
Solvency
Equity ratio42.6 %53.1 %60.4 %68.1 %72.6 %
Gearing112.5 %77.2 %59.1 %41.2 %35.5 %
Relative net indebtedness %207.4 %156.5 %151.7 %87.6 %210.6 %
Liquidity
Quick ratio2.02.53.73.65.6
Current ratio2.02.53.73.65.6
Cash and cash equivalents517.17676.76782.24636.74281.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %58.8 %79.1 %139.4 %69.6 %161.2 %
Credit risk
Credit ratingBBBABBBAA

Variable visualization

ROA:10.4%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.6%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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