LARS OLESEN HOLDING, HALD ApS — Credit Rating and Financial Key Figures

CVR number: 32148182
Kertevej 2, Hald 7840 Højslev

Company information

Official name
LARS OLESEN HOLDING, HALD ApS
Established
2009
Domicile
Hald
Company form
Private limited company
Industry

About LARS OLESEN HOLDING, HALD ApS

LARS OLESEN HOLDING, HALD ApS (CVR number: 32148182) is a company from SKIVE. The company reported a net sales of 5.5 mDKK in 2024, demonstrating a growth of 13.6 % compared to the previous year. The operating profit percentage was at 99 % (EBIT: 5.5 mDKK), while net earnings were 6558.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.6 %, which can be considered good and Return on Equity (ROE) was 8.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LARS OLESEN HOLDING, HALD ApS's liquidity measured by quick ratio was 12 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales2 362.974 313.817 825.354 856.585 515.22
Gross profit2 337.014 274.937 786.694 820.955 461.58
EBIT2 337.014 274.937 786.694 820.955 461.58
Net earnings2 785.975 514.296 628.915 519.596 558.31
Shareholders equity total59 382.3964 780.3571 294.8576 734.4183 186.98
Balance sheet total (assets)59 444.8664 788.7071 302.8576 828.4083 292.46
Net debt- 515.40-87.28- 126.77-1 590.68-1 050.19
Profitability
EBIT-%98.9 %99.1 %99.5 %99.3 %99.0 %
ROA5.0 %9.4 %9.3 %7.7 %8.6 %
ROE4.8 %8.9 %9.7 %7.5 %8.2 %
ROI5.0 %9.4 %9.3 %7.7 %8.6 %
Economic value added (EVA)- 610.171 043.034 948.541 080.401 368.01
Solvency
Equity ratio99.9 %100.0 %100.0 %99.9 %99.9 %
Gearing0.1 %0.1 %
Relative net indebtedness %-19.2 %-1.8 %-1.5 %-32.6 %-18.7 %
Liquidity
Quick ratio10.026.3213.322.012.0
Current ratio10.026.3213.322.012.0
Cash and cash equivalents515.4087.28126.771 676.681 136.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %23.7 %4.9 %21.7 %40.6 %21.1 %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:8.56%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.9%
Rating: 98/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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