LARSMIKKELSEN.COM ApS — Credit Rating and Financial Key Figures

CVR number: 31581575
Jenny Kammersgaards Vej 23, 8700 Horsens
lars@larsmikkelsen.com
tel: 42249791

Credit rating

Company information

Official name
LARSMIKKELSEN.COM ApS
Personnel
1 person
Established
2008
Company form
Private limited company
Industry

About LARSMIKKELSEN.COM ApS

LARSMIKKELSEN.COM ApS (CVR number: 31581575) is a company from HORSENS. The company recorded a gross profit of -40.8 kDKK in 2024. The operating profit was -34.2 kDKK, while net earnings were 172.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent and Return on Equity (ROE) was 5.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 59.5 %, 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. LARSMIKKELSEN.COM ApS's liquidity measured by quick ratio was 0.1 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 profit99.23101.8971.85253.03-40.82
EBIT94.2333.801 043.817.48-34.21
Net earnings10.07185.50426.09115.02172.52
Shareholders equity total2 490.662 619.652 988.542 853.563 026.09
Balance sheet total (assets)4 949.365 171.265 559.795 397.545 086.20
Net debt1 292.621 216.991 365.401 763.571 870.23
Profitability
EBIT-%
ROA4.8 %6.4 %21.7 %5.1 %6.4 %
ROE0.4 %7.3 %15.2 %3.9 %5.9 %
ROI4.9 %6.5 %21.9 %5.1 %6.5 %
Economic value added (EVA)- 102.21- 224.21630.55- 270.31- 295.62
Solvency
Equity ratio50.3 %50.7 %53.8 %52.9 %59.5 %
Gearing98.2 %95.0 %83.7 %87.6 %66.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.80.50.30.1
Current ratio0.80.80.50.30.1
Cash and cash equivalents1 154.381 271.381 135.73737.55130.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:6.43%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.5%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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