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LARS HØGH ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LARS HØGH ApS
LARS HØGH ApS (CVR number: 36413387) is a company from LEMVIG. The company recorded a gross profit of 1875.8 kDKK in 2025. The operating profit was -177.3 kDKK, while net earnings were -156.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.8 %, which can be considered poor and Return on Equity (ROE) was -27.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.6 %, 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 ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 2 859.30 | 3 331.62 | 2 767.22 | 2 127.60 | 1 875.77 |
| EBIT | 666.16 | - 173.52 | 43.76 | 83.92 | - 177.30 |
| Net earnings | 514.37 | - 135.42 | 26.61 | 7.69 | - 156.73 |
| Shareholders equity total | 745.97 | 610.54 | 637.15 | 644.84 | 488.12 |
| Balance sheet total (assets) | 2 849.09 | 2 831.49 | 2 077.45 | 2 583.16 | 1 986.89 |
| Net debt | 269.76 | 418.07 | 400.15 | 453.21 | 236.22 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 26.3 % | -4.9 % | 1.9 % | 3.6 % | -7.8 % |
| ROE | 105.2 % | -20.0 % | 4.3 % | 1.2 % | -27.7 % |
| ROI | 49.3 % | -11.9 % | 4.3 % | 7.6 % | -18.5 % |
| Economic value added (EVA) | 439.66 | - 202.24 | -4.02 | 4.19 | - 197.17 |
| Solvency | |||||
| Equity ratio | 26.2 % | 21.6 % | 30.7 % | 25.0 % | 24.6 % |
| Gearing | 66.1 % | 68.5 % | 62.8 % | 70.3 % | 48.4 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.0 | 1.0 | 1.0 | 0.8 | 0.7 |
| Current ratio | 1.0 | 1.0 | 1.0 | 0.8 | 0.7 |
| Cash and cash equivalents | 223.49 | ||||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | B | B | B | B |
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