LARS BROE RUSTFRI STÅL A/S — Credit Rating and Financial Key Figures

CVR number: 21719838
Herluf Trolles Vej 20 B, 5220 Odense SØ
Larsbroe@larsbroe.dk
tel: 63150909

Credit rating

Company information

Official name
LARS BROE RUSTFRI STÅL A/S
Personnel
85 persons
Established
1999
Company form
Limited company
Industry
  • Expand more icon310000

About LARS BROE RUSTFRI STÅL A/S

LARS BROE RUSTFRI STÅL A/S (CVR number: 21719838) is a company from ODENSE. The company recorded a gross profit of 41.5 mDKK in 2024. The operating profit was 1358.2 kDKK, while net earnings were 790.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered decent and Return on Equity (ROE) was 5.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 40.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. LARS BROE RUSTFRI STÅL A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit30 462.9632 956.4237 673.7639 147.9741 532.48
EBIT2 145.914 602.883 437.292 845.761 358.17
Net earnings1 650.633 611.122 633.612 010.95790.20
Shareholders equity total11 031.6213 242.7415 476.3515 887.3013 623.51
Balance sheet total (assets)30 020.7437 961.6135 740.6935 796.5933 420.63
Net debt- 546.318 145.318 164.376 346.617 653.82
Profitability
EBIT-%
ROA8.0 %13.7 %9.8 %8.2 %4.0 %
ROE15.2 %29.8 %18.3 %12.8 %5.4 %
ROI12.3 %21.6 %14.6 %12.2 %6.1 %
Economic value added (EVA)959.163 200.012 002.931 268.69306.89
Solvency
Equity ratio36.7 %34.9 %43.3 %44.4 %40.8 %
Gearing38.0 %61.5 %52.8 %40.0 %56.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.00.81.00.80.6
Current ratio1.41.11.61.10.9
Cash and cash equivalents4 738.5112.151.599.69
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:4.04%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.8%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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