LARSEN INVEST ApS — Credit Rating and Financial Key Figures

CVR number: 26980631
Sydskrænten 16, Øverød 2840 Holte

Company information

Official name
LARSEN INVEST ApS
Established
2003
Domicile
Øverød
Company form
Private limited company
Industry

About LARSEN INVEST ApS

LARSEN INVEST ApS (CVR number: 26980631) is a company from RUDERSDAL. The company recorded a gross profit of -7.4 kDKK in 2023. The operating profit was -7.4 kDKK, while net earnings were 337.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.9 %, which can be considered excellent and Return on Equity (ROE) was 34.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64.8 %, 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. LARSEN INVEST ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit-4.75-9.13-5.69-6.64-7.43
EBIT-4.75-9.13-5.69-6.64-7.43
Net earnings5.2027.64266.39163.57337.30
Shareholders equity total639.55671.20824.58873.751 093.25
Balance sheet total (assets)765.06875.371 158.911 457.261 687.13
Net debt-1.31-2.18-15.34236.57170.26
Profitability
EBIT-%
ROA1.1 %4.0 %37.4 %6.6 %23.9 %
ROE0.8 %4.2 %35.6 %19.3 %34.3 %
ROI1.4 %4.9 %37.4 %19.1 %31.5 %
Economic value added (EVA)10.41-8.65-4.7020.1320.45
Solvency
Equity ratio83.6 %76.7 %71.2 %60.0 %64.8 %
Gearing29.2 %15.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.30.90.90.9
Current ratio1.51.30.90.90.9
Cash and cash equivalents1.312.1815.3418.430.53
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:23.9%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.8%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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