Lars Høgh Holding ApS — Credit Rating and Financial Key Figures

CVR number: 42215074
Transportvej 7, 7620 Lemvig

Company information

Official name
Lars Høgh Holding ApS
Established
2021
Company form
Private limited company
Industry

About Lars Høgh Holding ApS

Lars Høgh Holding ApS (CVR number: 42215074) is a company from LEMVIG. The company recorded a gross profit of 154.8 kDKK in 2024. The operating profit was 138.1 kDKK, while net earnings were 93.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.7 %, which can be considered good but Return on Equity (ROE) was 41.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.5 %, 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. Lars Høgh Holding 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
2021
2022
2023
2024
Volume
Net sales
Gross profit-40.80-11.64332.47154.78
EBIT-40.80-11.64307.23138.06
Net earnings-43.66-31.53213.9693.48
Shareholders equity total-3.66-35.20178.77272.25
Balance sheet total (assets)1 021.641 026.181 152.331 211.79
Net debt1 005.851 033.80621.40435.98
Profitability
EBIT-%
ROA-4.0 %-1.1 %27.8 %11.7 %
ROE-4.3 %-3.1 %35.5 %41.5 %
ROI-4.0 %-1.1 %32.5 %17.5 %
Economic value added (EVA)-31.9041.53283.27149.44
Solvency
Equity ratio-0.4 %-3.3 %15.5 %22.5 %
Gearing-27710.3 %-2987.3 %352.9 %164.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.20.2
Current ratio0.10.10.20.2
Cash and cash equivalents9.4517.579.5211.36
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:11.7%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.5%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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