LARSFRANK ApS — Credit Rating and Financial Key Figures

CVR number: 27091849
Østergade 11 A, 6950 Ringkøbing
lf@larsfrank.dk
tel: 86202094
www.LARSFRANK.dk
Free credit report Annual report

Credit rating

Company information

Official name
LARSFRANK ApS
Established
2003
Company form
Private limited company
Industry

About LARSFRANK ApS

LARSFRANK ApS (CVR number: 27091849) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 25.3 kDKK in 2024. The operating profit was 19.9 kDKK, while net earnings were 17 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak and Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 63.7 %, 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. LARSFRANK ApS's liquidity measured by quick ratio was 0.2 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-89.66- 151.91-64.92-35.7925.31
EBIT-90.16- 152.11-86.66-44.0019.89
Net earnings-70.81- 115.67-64.92-32.2817.03
Shareholders equity total679.27563.59498.67466.39483.42
Balance sheet total (assets)683.77644.62778.03749.43758.61
Net debt- 111.64-25.94-96.20-56.00-68.11
Profitability
EBIT-%
ROA-12.5 %-22.9 %-12.2 %-5.7 %2.6 %
ROE-9.9 %-18.6 %-12.2 %-6.7 %3.6 %
ROI-12.6 %-24.5 %-16.3 %-9.1 %4.2 %
Economic value added (EVA)- 107.44- 149.48-93.31-57.42-6.47
Solvency
Equity ratio99.3 %87.4 %64.1 %62.2 %63.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio24.80.40.30.20.2
Current ratio35.91.10.50.40.4
Cash and cash equivalents111.6425.9496.2056.0068.11
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:2.65%
Rating: 33/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.7%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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