FLY LARSEN HOLDING ApS — Credit Rating and Financial Key Figures

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

Credit rating

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 93.7 kDKK in 2024. The operating profit was 74.7 kDKK, while net earnings were -9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak but Return on Equity (ROE) was -0.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.9 %, 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 29.6 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit92.6393.4292.5291.7593.66
EBIT73.6374.4273.5272.7574.66
Net earnings360.10330.86347.33206.82-9.02
Shareholders equity total1 150.621 255.481 374.011 344.231 185.20
Balance sheet total (assets)1 340.721 418.361 514.711 415.771 210.41
Net debt91.3259.0735.7812.56-16.79
Profitability
EBIT-%
ROA30.5 %25.5 %25.0 %15.7 %1.0 %
ROE34.3 %27.5 %26.4 %15.2 %-0.7 %
ROI32.0 %26.7 %26.2 %16.3 %1.0 %
Economic value added (EVA)1.44-6.61-10.67-16.51-11.91
Solvency
Equity ratio85.8 %88.5 %90.7 %94.9 %97.9 %
Gearing10.0 %6.9 %4.2 %2.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.02.42.84.829.6
Current ratio2.02.42.84.829.6
Cash and cash equivalents24.1427.3621.7316.7816.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:0.95%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.9%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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