LARS VITTRUP HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LARS VITTRUP HOLDING ApS
LARS VITTRUP HOLDING ApS (CVR number: 33149506) is a company from MIDDELFART. The company recorded a gross profit of -13.4 kDKK in 2023, demonstrating a growth of 98.2 % compared to the previous year. The operating profit was -13.4 kDKK, while net earnings were -421.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent but Return on Equity (ROE) was -44.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.8 %, 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 1.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 715.60 | - 749.97 | |||
Gross profit | -9.03 | 706.78 | -2.97 | - 759.50 | -13.44 |
EBIT | - 152.82 | 562.99 | - 146.76 | - 759.50 | -13.44 |
Net earnings | - 154.07 | 586.79 | - 165.27 | - 729.42 | - 421.56 |
Shareholders equity total | 1 868.42 | 2 305.21 | 2 026.94 | 1 183.12 | 701.56 |
Balance sheet total (assets) | 2 954.02 | 2 571.90 | 2 593.72 | 1 748.83 | 1 194.07 |
Net debt | 896.47 | 106.52 | 139.15 | 74.86 | 6.39 |
Profitability | |||||
EBIT-% | 78.7 % | ||||
ROA | -4.2 % | 21.5 % | -5.7 % | -33.1 % | 7.2 % |
ROE | -7.6 % | 28.1 % | -7.6 % | -45.4 % | -44.7 % |
ROI | -4.5 % | 23.0 % | -6.4 % | -42.0 % | 10.8 % |
Economic value added (EVA) | - 278.14 | 519.88 | - 210.21 | - 811.25 | -54.48 |
Solvency | |||||
Equity ratio | 63.3 % | 89.6 % | 78.1 % | 67.7 % | 58.8 % |
Gearing | 48.2 % | 4.6 % | 7.1 % | 6.4 % | 1.1 % |
Relative net indebtedness % | 37.2 % | -75.4 % | |||
Liquidity | |||||
Quick ratio | 1.3 | 4.3 | 1.3 | 1.3 | 1.4 |
Current ratio | 1.3 | 4.3 | 1.3 | 1.3 | 1.4 |
Cash and cash equivalents | 3.53 | 0.33 | 5.31 | 0.29 | 1.05 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 94.4 % | -20.7 % | |||
Credit risk | |||||
Credit rating | BBB | A | BBB | BB | BBB |
Variable visualization
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