LARSEN EL AUTOMATIK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LARSEN EL AUTOMATIK ApS
LARSEN EL AUTOMATIK ApS (CVR number: 34893446) is a company from SLAGELSE. The company recorded a gross profit of 47.5 kDKK in 2024. The operating profit was -4.5 kDKK, while net earnings were 122.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.3 %, which can be considered good and Return on Equity (ROE) was 12.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 79.8 %, 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 EL AUTOMATIK ApS's liquidity measured by quick ratio was 4.9 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 285.07 | 306.78 | |||
Gross profit | 72.55 | 117.33 | 105.66 | 143.34 | 47.54 |
EBIT | -5.67 | 13.69 | 94.22 | 13.38 | -4.50 |
Net earnings | 53.63 | 51.48 | - 104.96 | 116.90 | 122.90 |
Shareholders equity total | 1 228.06 | 1 223.04 | 1 060.89 | 1 118.89 | 856.79 |
Balance sheet total (assets) | 1 639.67 | 1 525.37 | 1 299.88 | 1 380.80 | 1 073.74 |
Net debt | -1 531.61 | -1 485.44 | -1 256.24 | -1 348.15 | - 994.42 |
Profitability | |||||
EBIT-% | -2.0 % | 4.5 % | |||
ROA | 5.0 % | 8.3 % | 9.8 % | 10.0 % | 14.3 % |
ROE | 4.4 % | 4.2 % | -9.2 % | 10.7 % | 12.4 % |
ROI | 6.8 % | 10.8 % | 12.1 % | 12.3 % | 17.8 % |
Economic value added (EVA) | -66.08 | -51.15 | 32.76 | -40.98 | -59.74 |
Solvency | |||||
Equity ratio | 74.9 % | 80.2 % | 81.6 % | 81.0 % | 79.8 % |
Gearing | |||||
Relative net indebtedness % | -392.9 % | -385.7 % | |||
Liquidity | |||||
Quick ratio | 4.0 | 5.0 | 5.4 | 5.3 | 4.9 |
Current ratio | 4.0 | 5.0 | 5.4 | 5.3 | 4.9 |
Cash and cash equivalents | 1 531.61 | 1 485.44 | 1 256.24 | 1 348.15 | 994.42 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 114.8 | 13.1 | |||
Net working capital % | 77.1 % | 55.7 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB | BBB |
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