FLY LARSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 26335450
Fabrikvej 8, 8800 Viborg
mail@flylarsenvvs.dk

Company information

Official name
FLY LARSEN HOLDING ApS
Established
2001
Company form
Private limited company
Industry

About FLY LARSEN HOLDING ApS

FLY LARSEN HOLDING ApS (CVR number: 26335450) is a company from VIBORG. The company recorded a gross profit of 91.8 kDKK in 2023. The operating profit was 72.8 kDKK, while net earnings were 206.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.7 %, which can be considered excellent and Return on Equity (ROE) was 15.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 94.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FLY LARSEN HOLDING ApS's liquidity measured by quick ratio was 4.8 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit83.6892.6393.4292.5291.75
EBIT64.6873.6374.4273.5272.75
Net earnings233.79360.10330.86347.33206.82
Shareholders equity total950.521 150.621 255.481 374.011 344.23
Balance sheet total (assets)1 153.831 340.721 418.361 514.711 415.77
Net debt125.8491.3259.0735.7812.56
Profitability
EBIT-%
ROA23.0 %30.5 %25.5 %25.0 %15.7 %
ROE25.9 %34.3 %27.5 %26.4 %15.2 %
ROI24.2 %32.0 %26.7 %26.2 %16.3 %
Economic value added (EVA)28.7139.6346.7047.9948.35
Solvency
Equity ratio82.4 %85.8 %88.5 %90.7 %94.9 %
Gearing15.2 %10.0 %6.9 %4.2 %2.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.62.02.42.84.8
Current ratio1.62.02.42.84.8
Cash and cash equivalents18.7624.1427.3621.7316.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:15.7%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.9%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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