F. LARSEN BYGGEMATERIALER A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About F. LARSEN BYGGEMATERIALER A/S
F. LARSEN BYGGEMATERIALER A/S (CVR number: 19762335) is a company from MARIAGERFJORD. The company recorded a gross profit of -16.4 kDKK in 2024. The operating profit was -16.4 kDKK, while net earnings were 1494 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.3 %, which can be considered good but Return on Equity (ROE) was 22.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. F. LARSEN BYGGEMATERIALER A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -3.44 | -4.47 | -8.24 | -9.18 | -16.45 |
| EBIT | -3.44 | -4.47 | -8.24 | -9.18 | -16.45 |
| Net earnings | 657.84 | 322.18 | 188.66 | 4 410.93 | 1 494.01 |
| Shareholders equity total | 1 067.37 | 1 389.54 | 1 578.20 | 5 989.13 | 7 483.14 |
| Balance sheet total (assets) | 3 232.59 | 3 632.05 | 15 078.90 | 27 869.56 | 29 492.19 |
| Net debt | -1 226.99 | -3 632.05 | -15 078.90 | -23 250.54 | -23 798.94 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 29.9 % | 12.2 % | 4.0 % | 26.0 % | 9.3 % |
| ROE | 89.1 % | 26.2 % | 12.7 % | 116.6 % | 22.2 % |
| ROI | 31.0 % | 18.7 % | 25.1 % | 142.2 % | 38.8 % |
| Economic value added (EVA) | - 123.76 | - 157.62 | -76.25 | -86.28 | - 327.66 |
| Solvency | |||||
| Equity ratio | 33.0 % | 38.3 % | 10.5 % | 21.5 % | 25.4 % |
| Gearing | 187.4 % | 4.6 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.5 | 1.6 | 1.1 | 1.1 | 1.2 |
| Current ratio | 1.5 | 1.6 | 1.1 | 1.1 | 1.2 |
| Cash and cash equivalents | 3 226.99 | 3 632.05 | 15 078.90 | 23 526.69 | 23 798.94 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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