LARS S. LARSEN ApS — Credit Rating and Financial Key Figures

CVR number: 81779317
Nystedvej 2, Dejbjerg 6900 Skjern

Credit rating

Company information

Official name
LARS S. LARSEN ApS
Established
1977
Domicile
Dejbjerg
Company form
Private limited company
Industry

About LARS S. LARSEN ApS

LARS S. LARSEN ApS (CVR number: 81779317) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -11.9 kDKK in 2024. The operating profit was -11.9 kDKK, while net earnings were 2059.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.7 %, which can be considered excellent and Return on Equity (ROE) was 24.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. LARS S. LARSEN ApS's liquidity measured by quick ratio was 0 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-4.22-11.72-11.10-11.88-11.88
EBIT-4.22-11.72-11.10-11.88-11.88
Net earnings723.38533.39536.451 597.332 059.40
Shareholders equity total4 599.265 231.136 078.347 637.139 364.77
Balance sheet total (assets)5 477.395 978.826 807.518 336.6615 063.88
Net debt-96.51-26.30-70.31- 111.24-2.51
Profitability
EBIT-%
ROA14.6 %9.6 %8.6 %21.2 %17.7 %
ROE17.3 %10.9 %9.5 %23.3 %24.2 %
ROI17.7 %11.2 %9.7 %23.4 %24.4 %
Economic value added (EVA)113.63142.65165.45203.17277.47
Solvency
Equity ratio84.0 %87.5 %89.3 %91.6 %62.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.10.00.10.20.0
Current ratio0.10.00.10.20.0
Cash and cash equivalents96.5126.3070.31111.242.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:17.7%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.2%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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