Lars Langballe Holding 2020 ApS — Credit Rating and Financial Key Figures

CVR number: 42024074
Godthåbsgade 33, 8000 Aarhus C

Company information

Official name
Lars Langballe Holding 2020 ApS
Established
2020
Company form
Private limited company
Industry

About Lars Langballe Holding 2020 ApS

Lars Langballe Holding 2020 ApS (CVR number: 42024074) is a company from AARHUS. The company reported a net sales of 0.3 mDKK in 2023. The operating profit percentage was at 98 % (EBIT: 0.3 mDKK), while net earnings were -1386.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.4 %, which can be considered excellent but Return on Equity (ROE) was -96.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 85.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Lars Langballe Holding 2020 ApS's liquidity measured by quick ratio was 6.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales2 100.00280.00
Gross profit2 100.00-5.25274.49
EBIT2 100.00-5.25274.49
Net earnings46.4128.761.20-1 386.08
Shareholders equity total2 100.002 128.762 129.96743.88
Balance sheet total (assets)2 100.002 128.762 171.56872.60
Net debt- 397.82- 285.41- 419.14
Profitability
EBIT-%100.0 %98.0 %
ROA297.8 %1.9 %-0.1 %18.4 %
ROE2.2 %1.4 %0.1 %-96.5 %
ROI102.2 %1.9 %-0.1 %18.9 %
Economic value added (EVA)2 100.00-4.3410.48286.65
Solvency
Equity ratio100.0 %100.0 %98.1 %85.2 %
Gearing2.0 %5.8 %
Relative net indebtedness %-119.2 %
Liquidity
Quick ratio51.26.5
Current ratio51.26.5
Cash and cash equivalents397.82327.01462.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %100.0 %251.4 %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:18.4%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:85.2%
Rating: 65/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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