Bjarne Larsen Ejendomme ApS — Credit Rating and Financial Key Figures

CVR number: 39084554
Tudvadvej 4 F, 6040 Egtved

Company information

Official name
Bjarne Larsen Ejendomme ApS
Established
2017
Company form
Private limited company
Industry

About Bjarne Larsen Ejendomme ApS

Bjarne Larsen Ejendomme ApS (CVR number: 39084554) is a company from VEJLE. The company recorded a gross profit of 166.1 kDKK in 2023. The operating profit was -706.4 kDKK, while net earnings were -850.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19.1 %, which can be considered poor and Return on Equity (ROE) was -26.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -20.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Bjarne Larsen Ejendomme ApS's liquidity measured by quick ratio was 0 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit193.04102.80152.74179.00166.07
EBIT126.3756.3091.65117.77- 706.45
Net earnings81.37-27.29-14.533.88- 850.50
Shareholders equity total6.83-20.46-34.98-31.10- 881.60
Balance sheet total (assets)2 369.403 536.843 115.113 081.113 386.94
Net debt1 383.902 128.352 607.582 560.383 740.05
Profitability
EBIT-%
ROA6.5 %1.9 %2.7 %3.8 %-19.1 %
ROE6.3 %-1.5 %-0.4 %0.1 %-26.3 %
ROI6.7 %2.1 %3.1 %4.3 %-22.0 %
Economic value added (EVA)106.13-18.760.47-2.23- 773.20
Solvency
Equity ratio0.3 %-0.6 %-1.1 %-1.0 %-20.7 %
Gearing24304.1 %-12583.8 %-7513.5 %-8291.0 %-424.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.50.40.00.00.0
Current ratio1.50.40.00.00.0
Cash and cash equivalents275.83446.1721.0318.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-19.1%
Rating: 1/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-20.7%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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