E. Larsen & Sønner ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About E. Larsen & Sønner ApS
E. Larsen & Sønner ApS (CVR number: 42511722) is a company from HOLBÆK. The company recorded a gross profit of 1145.7 kDKK in 2024. The operating profit was -89.9 kDKK, while net earnings were -108 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.2 %, which can be considered poor and Return on Equity (ROE) was -6.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 56.6 %, 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. E. Larsen & Sønner ApS's liquidity measured by quick ratio was 1.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Volume | ||||
Net sales | 3 957.24 | |||
Gross profit | 1 365.72 | 1 172.41 | 1 396.30 | 1 145.70 |
EBIT | - 346.88 | - 185.36 | 381.06 | -89.87 |
Net earnings | - 265.87 | - 149.11 | 285.52 | - 108.01 |
Shareholders equity total | 1 851.60 | 1 702.49 | 1 988.01 | 1 397.09 |
Balance sheet total (assets) | 2 499.66 | 2 315.66 | 2 742.87 | 2 469.07 |
Net debt | - 520.23 | - 566.59 | -1 319.38 | -1 065.73 |
Profitability | ||||
EBIT-% | -4.7 % | |||
ROA | -13.4 % | -7.6 % | 15.1 % | -3.2 % |
ROE | -14.4 % | -8.4 % | 15.5 % | -6.4 % |
ROI | -16.5 % | -9.3 % | 19.3 % | -4.8 % |
Economic value added (EVA) | - 270.57 | - 248.69 | 198.80 | - 183.04 |
Solvency | ||||
Equity ratio | 74.1 % | 73.5 % | 72.5 % | 56.6 % |
Gearing | 1.4 % | 1.4 % | ||
Relative net indebtedness % | -3.2 % | |||
Liquidity | ||||
Quick ratio | 2.3 | 2.2 | 2.8 | 1.8 |
Current ratio | 3.1 | 3.2 | 3.3 | 2.1 |
Cash and cash equivalents | 520.23 | 590.22 | 1 319.38 | 1 084.79 |
Capital use efficiency | ||||
Trade debtors turnover (days) | 28.8 | |||
Net working capital % | 26.1 % | |||
Credit risk | ||||
Credit rating | BBB | BBB | BBB | BBB |
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