KAJ LARSEN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KAJ LARSEN HOLDING ApS
KAJ LARSEN HOLDING ApS (CVR number: 27159710) is a company from KOLDING. The company reported a net sales of -0 mDKK in 2023, demonstrating a decline of -123.3 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0 mDKK), while net earnings were -23 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19.5 %, which can be considered poor and Return on Equity (ROE) was -23.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78.8 %, 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. KAJ LARSEN HOLDING ApS's liquidity measured by quick ratio was 4.7 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 52.60 | - 232.98 | -17.29 | 8.97 | -2.09 |
Gross profit | 49.27 | - 237.95 | -22.05 | 4.12 | -22.02 |
EBIT | 49.27 | - 237.95 | -22.05 | 4.12 | -22.02 |
Net earnings | 49.24 | - 237.06 | -30.81 | 3.89 | -23.01 |
Shareholders equity total | 345.17 | 108.10 | 77.29 | 110.10 | 87.88 |
Balance sheet total (assets) | 347.92 | 116.46 | 117.98 | 114.11 | 111.51 |
Net debt | - 106.74 | -82.18 | -57.89 | -9.81 | -9.51 |
Profitability | |||||
EBIT-% | 93.7 % | 45.9 % | |||
ROA | 15.2 % | -102.5 % | -18.8 % | 3.5 % | -19.5 % |
ROE | 15.4 % | -104.6 % | -33.2 % | 4.1 % | -23.2 % |
ROI | 15.4 % | -105.0 % | -19.9 % | 3.7 % | -22.2 % |
Economic value added (EVA) | 41.92 | - 236.37 | -22.94 | 4.98 | -26.53 |
Solvency | |||||
Equity ratio | 99.2 % | 92.8 % | 65.5 % | 96.5 % | 78.8 % |
Gearing | 47.3 % | ||||
Relative net indebtedness % | -197.7 % | 31.7 % | 311.2 % | -64.6 % | -674.1 % |
Liquidity | |||||
Quick ratio | 38.8 | 13.0 | 2.9 | 28.1 | 4.7 |
Current ratio | 38.8 | 13.0 | 2.9 | 28.1 | 4.7 |
Cash and cash equivalents | 106.74 | 82.18 | 94.48 | 9.81 | 9.51 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 197.7 % | -42.9 % | -447.1 % | 1212.6 % | -4196.7 % |
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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