LÆRKE FINANS ApS — Credit Rating and Financial Key Figures

CVR number: 32097227
Lærkevej 18 B, 8240 Risskov

Credit rating

Company information

Official name
LÆRKE FINANS ApS
Established
2009
Company form
Private limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales23.71-58.53119.24508.3720.60
Gross profit7.11-78.69102.04489.822.04
EBIT7.11-78.69102.04489.822.04
Net earnings-14.34-37.78163.02565.14- 343.86
Shareholders equity total1 635.981 490.201 542.611 994.761 536.49
Balance sheet total (assets)1 923.501 788.371 864.256 637.372 260.40
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 %
ROA0.5 %-1.4 %10.5 %16.1 %1.4 %
ROE-0.8 %-2.4 %10.8 %32.0 %-19.5 %
ROI0.5 %-1.4 %10.7 %30.2 %2.5 %
Economic value added (EVA)22.72-60.76111.57497.56266.45
Solvency
Equity ratio85.1 %83.3 %82.7 %30.1 %68.0 %
Gearing14.1 %17.9 %18.3 %35.5 %44.3 %
Relative net indebtedness %-6592.6 %2499.1 %-1156.8 %-264.2 %-3670.6 %
Liquidity
Quick ratio6.46.05.41.32.2
Current ratio6.46.05.41.32.2
Cash and cash equivalents1 850.431 761.021 701.065 985.481 480.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-860.2 %-85.2 %954.2 %-685.9 %-2660.3 %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:1.39%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.0%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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