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LARS FOGHSGAARD HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LARS FOGHSGAARD HOLDING ApS
LARS FOGHSGAARD HOLDING ApS (CVR number: 24227332K) is a company from GENTOFTE. The company recorded a gross profit of 8226 kDKK in 2017. The operating profit was -83.4 mDKK, while net earnings were -85 mDKK. The profitability of the company measured by Return on Assets (ROA) was -22 %, which can be considered poor and Return on Equity (ROE) was -22.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 31.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. LARS FOGHSGAARD HOLDING ApS's liquidity measured by quick ratio was 1.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 394 880.00 | 405 679.00 | |||
| Gross profit | 61 219.00 | 96 095.00 | 88 169.00 | 1 364.00 | 8 226.00 |
| EBIT | 28 954.00 | 16 611.00 | 6 784.00 | -11 656.00 | -83 358.00 |
| Net earnings | 14 793.00 | 1 219.00 | -54 624.00 | -30 327.00 | -85 006.00 |
| Shareholders equity total | 394 994.00 | 397 935.00 | 48 407.00 | 189 731.00 | 107 382.00 |
| Balance sheet total (assets) | 301 288.00 | 378 553.00 | 365 068.00 | 282 949.00 | 342 728.00 |
| Net debt | - 119 085.00 | -71 567.00 | 3 216.00 | ||
| Profitability | |||||
| EBIT-% | 1.7 % | ||||
| ROA | 11.0 % | 6.7 % | 70.0 % | -7.8 % | -22.0 % |
| ROE | 2.2 % | 0.2 % | -11.6 % | -9.0 % | -22.4 % |
| ROI | 15.4 % | 9.4 % | -14.9 % | -8.2 % | -25.2 % |
| Economic value added (EVA) | 5 977.17 | -8 705.53 | -13 492.46 | -21 287.71 | - 101 275.59 |
| Solvency | |||||
| Equity ratio | 69.3 % | 64.4 % | 13.3 % | 67.1 % | 31.6 % |
| Gearing | 1.6 % | 1.4 % | 56.9 % | 35.5 % | 153.5 % |
| Relative net indebtedness % | 39.9 % | 3.9 % | |||
| Liquidity | |||||
| Quick ratio | 2.5 | 2.2 | 5.3 | 1.9 | 1.7 |
| Current ratio | 2.2 | 1.8 | 5.4 | 1.9 | 1.7 |
| Cash and cash equivalents | 50 098.00 | 90 485.00 | 146 639.00 | 138 855.00 | 161 650.00 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 66.0 | 9.7 | |||
| Net working capital % | 17.1 % | 41.1 % | |||
| Credit risk | |||||
| Credit rating | A | BBB | BB |
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