LÆRKE FINANS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LÆRKE FINANS ApS
LÆRKE FINANS ApS (CVR number: 32097227) is a company from AARHUS. The company reported a net sales of 0 mDKK in 2022, demonstrating a decline of -95.9 % compared to the previous year. The operating profit percentage was at 9.9 % (EBIT: 0 mDKK), while net earnings were -343.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak but Return on Equity (ROE) was -19.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. LÆRKE FINANS ApS's liquidity measured by quick ratio was 2.2 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 23.71 | -58.53 | 119.24 | 508.37 | 20.60 |
Gross profit | 7.11 | -78.69 | 102.04 | 489.82 | 2.04 |
EBIT | 7.11 | -78.69 | 102.04 | 489.82 | 2.04 |
Net earnings | -14.34 | -37.78 | 163.02 | 565.14 | - 343.86 |
Shareholders equity total | 1 635.98 | 1 490.20 | 1 542.61 | 1 994.76 | 1 536.49 |
Balance sheet total (assets) | 1 923.50 | 1 788.37 | 1 864.25 | 6 637.37 | 2 260.40 |
Net debt | -1 620.24 | -1 494.26 | -1 419.16 | -5 278.19 | - 800.10 |
Profitability | |||||
EBIT-% | 30.0 % | 85.6 % | 96.4 % | 9.9 % | |
ROA | 0.5 % | -1.4 % | 10.5 % | 16.1 % | 1.4 % |
ROE | -0.8 % | -2.4 % | 10.8 % | 32.0 % | -19.5 % |
ROI | 0.5 % | -1.4 % | 10.7 % | 30.2 % | 2.5 % |
Economic value added (EVA) | 22.72 | -60.76 | 111.57 | 497.56 | 266.45 |
Solvency | |||||
Equity ratio | 85.1 % | 83.3 % | 82.7 % | 30.1 % | 68.0 % |
Gearing | 14.1 % | 17.9 % | 18.3 % | 35.5 % | 44.3 % |
Relative net indebtedness % | -6592.6 % | 2499.1 % | -1156.8 % | -264.2 % | -3670.6 % |
Liquidity | |||||
Quick ratio | 6.4 | 6.0 | 5.4 | 1.3 | 2.2 |
Current ratio | 6.4 | 6.0 | 5.4 | 1.3 | 2.2 |
Cash and cash equivalents | 1 850.43 | 1 761.02 | 1 701.06 | 5 985.48 | 1 480.06 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -860.2 % | -85.2 % | 954.2 % | -685.9 % | -2660.3 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | BBB |
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