LARS BILGAARD HOLDING ApS — Credit Rating and Financial Key Figures

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

Official name
LARS BILGAARD HOLDING ApS
Established
2013
Company form
Private limited company
Industry

About LARS BILGAARD HOLDING ApS

LARS BILGAARD HOLDING ApS (CVR number: 32345247) is a company from ODENSE. The company reported a net sales of 1.4 mDKK in 2024, demonstrating a growth of 167 % compared to the previous year. The operating profit percentage was at 108.7 % (EBIT: 1.5 mDKK), while net earnings were 1201.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.6 %, which can be considered excellent and Return on Equity (ROE) was 29 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.6 %, 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 2.6 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
2020
2021
2022
2023
2024
Volume
Net sales689.53540.561 017.19508.331 357.46
Gross profit833.97706.591 167.62515.661 499.54
EBIT814.00686.621 147.65494.821 475.71
Net earnings663.04510.42976.87367.451 201.92
Shareholders equity total1 986.112 440.033 266.913 575.464 716.38
Balance sheet total (assets)3 742.304 042.164 794.654 928.036 160.41
Net debt855.63659.40707.75988.34593.08
Profitability
EBIT-%118.1 %127.0 %112.8 %97.3 %108.7 %
ROA23.3 %17.6 %26.0 %10.4 %26.6 %
ROE39.4 %23.1 %34.2 %10.7 %29.0 %
ROI25.3 %18.6 %27.0 %10.6 %27.3 %
Economic value added (EVA)546.57369.22814.26155.68979.80
Solvency
Equity ratio53.1 %60.4 %68.1 %72.6 %76.6 %
Gearing77.2 %59.1 %41.2 %35.5 %25.0 %
Relative net indebtedness %156.5 %151.7 %87.6 %210.6 %58.8 %
Liquidity
Quick ratio2.53.73.65.62.6
Current ratio2.53.73.65.62.6
Cash and cash equivalents676.76782.24636.74281.90584.62
Capital use efficiency
Trade debtors turnover (days)
Net working capital %79.1 %139.4 %69.6 %161.2 %32.5 %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:26.6%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.6%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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