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 4.9 mDKK in 2023, demonstrating a decline of -37.9 % compared to the previous year. The operating profit percentage was at 99.3 % (EBIT: 4.8 mDKK), while net earnings were 5519.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent and Return on Equity (ROE) was 7.5 %, which can be considered decent. 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 22 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
2019
2020
2021
2022
2023
Volume
Net sales977.932 362.974 313.817 825.354 856.58
Gross profit962.512 337.014 274.937 786.694 820.95
EBIT962.512 337.014 274.937 786.694 820.95
Net earnings1 385.272 785.975 514.296 628.915 519.59
Shareholders equity total56 735.5659 382.3964 780.3571 294.8576 734.41
Balance sheet total (assets)56 763.4559 444.8664 788.7071 302.8576 828.40
Net debt-1 042.29- 515.40-87.28- 126.77-1 590.68
Profitability
EBIT-%98.4 %98.9 %99.1 %99.5 %99.3 %
ROA2.7 %5.0 %9.4 %9.3 %7.7 %
ROE2.5 %4.8 %8.9 %9.7 %7.5 %
ROI2.7 %5.0 %9.4 %9.3 %7.7 %
Economic value added (EVA)1 148.681 249.193 679.017 043.583 630.44
Solvency
Equity ratio100.0 %99.9 %100.0 %100.0 %99.9 %
Gearing0.1 %
Relative net indebtedness %-103.7 %-19.2 %-1.8 %-1.5 %-32.6 %
Liquidity
Quick ratio41.110.026.3213.322.0
Current ratio41.110.026.3213.322.0
Cash and cash equivalents1 042.29515.4087.28126.771 676.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %114.4 %23.7 %4.9 %21.7 %40.6 %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:7.70%
Rating: 51/100
-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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