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LARS MORTENSEN, IKAST ApS — Credit Rating and Financial Key Figures

CVR number: 28317581
Sjællandsgade 2, 7430 Ikast
Free credit report Annual report

Company information

Official name
LARS MORTENSEN, IKAST ApS
Personnel
1 person
Established
2004
Company form
Private limited company
Industry

About LARS MORTENSEN, IKAST ApS

LARS MORTENSEN, IKAST ApS (CVR number: 28317581) is a company from IKAST-BRANDE. The company recorded a gross profit of 107.9 kDKK in 2025. The operating profit was 47.9 kDKK, while net earnings were 3.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak and Return on Equity (ROE) was 0.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 47.3 %, 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 MORTENSEN, IKAST ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit88.1787.49114.35124.88107.94
EBIT88.1787.49114.3564.8847.94
Net earnings32.1728.6052.6815.433.06
Shareholders equity total1 030.371 058.971 111.651 127.081 130.14
Balance sheet total (assets)2 372.472 419.122 320.622 436.002 389.44
Net debt1 176.641 137.161 075.661 010.081 014.56
Profitability
EBIT-%
ROA3.8 %3.7 %4.8 %2.7 %2.0 %
ROE3.2 %2.7 %4.9 %1.4 %0.3 %
ROI3.8 %3.7 %4.9 %2.8 %2.1 %
Economic value added (EVA)-37.72-48.49-29.60-62.96-68.72
Solvency
Equity ratio43.4 %43.8 %47.9 %46.3 %47.3 %
Gearing125.5 %123.2 %103.0 %106.0 %101.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.10.10.1
Current ratio0.10.10.10.10.1
Cash and cash equivalents116.46167.6469.14184.52134.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:1.99%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.3%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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