J. LARSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 27432808
Svanevej 6 A, Ugerløse 4400 Kalundborg
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Company information

Official name
J. LARSEN HOLDING ApS
Established
2003
Domicile
Ugerløse
Company form
Private limited company
Industry

About J. LARSEN HOLDING ApS

J. LARSEN HOLDING ApS (CVR number: 27432808) is a company from KALUNDBORG. The company reported a net sales of 3.9 mDKK in 2024, demonstrating a growth of 93.2 % compared to the previous year. The operating profit percentage was at 97.3 % (EBIT: 3.8 mDKK), while net earnings were 3429.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.7 %, which can be considered excellent and Return on Equity (ROE) was 41.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.6 %, 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. J. LARSEN HOLDING ApS's liquidity measured by quick ratio was 0.4 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales- 219.202 246.722 024.723 910.96
Gross profit-30.72- 243.222 207.601 998.103 805.66
EBIT-30.72- 243.221 990.951 998.103 805.66
Net earnings- 747.47-50.551 646.501 616.463 429.69
Shareholders equity total3 785.913 622.375 154.476 653.139 960.83
Balance sheet total (assets)10 508.1712 768.1115 828.8318 180.2619 301.76
Net debt6 058.617 522.699 061.1510 414.137 697.46
Profitability
EBIT-%88.6 %98.7 %97.3 %
ROA-9.3 %0.1 %13.9 %11.9 %20.7 %
ROE-17.7 %-1.4 %37.5 %27.4 %41.3 %
ROI-9.4 %0.1 %14.7 %12.4 %21.5 %
Economic value added (EVA)- 260.60- 768.851 611.031 469.413 072.07
Solvency
Equity ratio36.0 %28.4 %32.6 %36.6 %51.6 %
Gearing176.3 %233.9 %190.5 %166.3 %84.6 %
Relative net indebtedness %-3738.9 %441.4 %537.1 %220.2 %
Liquidity
Quick ratio6.61.60.50.70.4
Current ratio6.61.60.50.70.4
Cash and cash equivalents615.73950.22756.52652.70730.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %118.8 %-137.3 %-70.8 %-72.0 %
Credit risk
Credit ratingBBBBBBAAAA

Variable visualization

ROA:20.7%
Rating: 75/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.6%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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