LARS VITTRUP HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 33149506
Kammavej 12, 5500 Middelfart
lv@tqi.dk
tel: 30937761

Company information

Official name
LARS VITTRUP HOLDING ApS
Established
2010
Company form
Private limited company
Industry

About LARS VITTRUP HOLDING ApS

LARS VITTRUP HOLDING ApS (CVR number: 33149506) is a company from MIDDELFART. The company recorded a gross profit of -10.8 kDKK in 2024. The operating profit was -10.8 kDKK, while net earnings were -172.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.9 %, which can be considered excellent but Return on Equity (ROE) was -31.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 42.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. LARS VITTRUP HOLDING ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales715.60- 749.97
Gross profit706.78-2.97- 759.50-13.44-10.81
EBIT562.99- 146.76- 759.50-13.44-10.81
Net earnings586.79- 165.27- 729.42- 421.56- 172.25
Shareholders equity total2 305.212 026.941 183.12701.56407.32
Balance sheet total (assets)2 571.902 593.721 748.831 194.07952.27
Net debt106.52139.1574.866.3931.45
Profitability
EBIT-%78.7 %
ROA21.5 %-5.7 %-33.1 %7.2 %31.9 %
ROE28.1 %-7.6 %-45.4 %-44.7 %-31.1 %
ROI23.0 %-6.4 %-42.0 %10.8 %-25.1 %
Economic value added (EVA)419.82- 263.82- 875.64-77.45-48.01
Solvency
Equity ratio89.6 %78.1 %67.7 %58.8 %42.8 %
Gearing4.6 %7.1 %6.4 %1.1 %7.7 %
Relative net indebtedness %37.2 %-75.4 %
Liquidity
Quick ratio4.31.31.31.41.3
Current ratio4.31.31.31.41.3
Cash and cash equivalents0.335.310.291.050.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %94.4 %-20.7 %
Credit risk
Credit ratingABBBBBBBBBB

Variable visualization

ROA:31.9%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.8%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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