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Knud Fl. Larsen, Odense ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Knud Fl. Larsen, Odense ApS
Knud Fl. Larsen, Odense ApS (CVR number: 37790001) is a company from ODENSE. The company recorded a gross profit of -24.5 kDKK in 2025. The operating profit was -31.8 kDKK, while net earnings were -23.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.1 %, which can be considered poor and Return on Equity (ROE) was -3.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74 %, 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. Knud Fl. Larsen, Odense ApS's liquidity measured by quick ratio was 3.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -11.69 | -12.90 | -13.69 | 12.01 | -24.47 |
| EBIT | -21.69 | -36.48 | -34.12 | -3.76 | -31.84 |
| Net earnings | -26.14 | -40.51 | -25.15 | 13.07 | -23.74 |
| Shareholders equity total | 875.66 | 779.85 | 695.80 | 647.87 | 556.63 |
| Balance sheet total (assets) | 1 003.03 | 844.29 | 801.98 | 794.80 | 752.19 |
| Net debt | - 868.67 | - 788.75 | - 706.57 | - 654.99 | - 564.86 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -2.1 % | -3.9 % | -3.1 % | 1.6 % | -3.1 % |
| ROE | -2.9 % | -4.9 % | -3.4 % | 1.9 % | -3.9 % |
| ROI | -2.1 % | -4.0 % | -3.1 % | 1.7 % | -3.1 % |
| Economic value added (EVA) | -73.73 | -86.43 | -76.06 | -43.52 | -71.33 |
| Solvency | |||||
| Equity ratio | 87.3 % | 92.4 % | 86.8 % | 81.5 % | 74.0 % |
| Gearing | 13.5 % | 7.0 % | 13.7 % | 21.3 % | 33.6 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 7.9 | 13.1 | 7.6 | 5.4 | 3.8 |
| Current ratio | 7.9 | 13.1 | 7.6 | 5.4 | 3.8 |
| Cash and cash equivalents | 987.00 | 843.43 | 801.98 | 792.91 | 751.77 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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