BJARNE HØJ LARSEN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BJARNE HØJ LARSEN HOLDING ApS
BJARNE HØJ LARSEN HOLDING ApS (CVR number: 27563309) is a company from ODENSE. The company reported a net sales of -0.3 mDKK in 2023, demonstrating a decline of -293.8 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0.3 mDKK), while net earnings were -473.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18.1 %, which can be considered poor and Return on Equity (ROE) was -62.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28.3 %, 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. BJARNE HØJ LARSEN HOLDING ApS'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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 85.00 | 105.00 | 236.00 | 165.00 | - 319.83 |
Gross profit | 81.00 | 81.00 | 410.00 | 361.00 | - 123.08 |
EBIT | 81.00 | -19.00 | 213.00 | 174.00 | - 330.75 |
Net earnings | 111.00 | -74.00 | 276.00 | 190.00 | - 473.25 |
Shareholders equity total | 867.00 | 739.00 | 1 015.00 | 1 147.00 | 366.60 |
Balance sheet total (assets) | 1 473.00 | 1 815.00 | 1 925.00 | 2 146.00 | 1 293.50 |
Net debt | 569.00 | 738.00 | 656.00 | 587.00 | 512.44 |
Profitability | |||||
EBIT-% | 95.3 % | -18.1 % | 90.3 % | 105.5 % | |
ROA | 5.6 % | -1.2 % | 11.4 % | 8.5 % | -18.1 % |
ROE | 13.2 % | -9.2 % | 31.5 % | 17.6 % | -62.5 % |
ROI | 5.7 % | -1.2 % | 11.4 % | 8.6 % | -18.8 % |
Economic value added (EVA) | 83.99 | 14.00 | 212.28 | 182.18 | - 350.17 |
Solvency | |||||
Equity ratio | 58.9 % | 40.7 % | 52.7 % | 53.4 % | 28.3 % |
Gearing | 65.9 % | 144.8 % | 88.9 % | 84.7 % | 223.3 % |
Relative net indebtedness % | 710.6 % | 708.6 % | 281.4 % | 372.1 % | -194.1 % |
Liquidity | |||||
Quick ratio | 1.0 | 0.8 | 0.8 | 0.8 | 0.6 |
Current ratio | 1.0 | 0.8 | 0.8 | 0.8 | 0.6 |
Cash and cash equivalents | 2.00 | 332.00 | 246.00 | 385.00 | 306.27 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -16.5 % | -197.1 % | -71.2 % | -100.0 % | 107.4 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | BB |
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