LARS CHRISTENSEN HANDEL A/S — Credit Rating and Financial Key Figures

CVR number: 70799219
Peter Bangs Vej 33, 2000 Frederiksberg
kp@sodaexport.eu
tel: 38343550

Credit rating

Company information

Official name
LARS CHRISTENSEN HANDEL A/S
Personnel
2 persons
Established
1982
Company form
Limited company
Industry

About LARS CHRISTENSEN HANDEL A/S

LARS CHRISTENSEN HANDEL A/S (CVR number: 70799219) is a company from FREDERIKSBERG. The company recorded a gross profit of 4564 kDKK in 2024. The operating profit was 2366.9 kDKK, while net earnings were 1881.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 35.3 %, which can be considered excellent and Return on Equity (ROE) was 79.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.1 %, 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 CHRISTENSEN HANDEL A/S'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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3 184.633 000.865 196.173 537.634 564.01
EBIT755.04652.872 524.59956.292 366.89
Net earnings561.37599.942 003.99843.561 881.50
Shareholders equity total1 649.871 688.453 192.492 036.062 687.56
Balance sheet total (assets)5 185.204 806.878 688.085 681.997 981.55
Net debt-1 792.65-1 204.85-3 919.50-2 873.00-2 860.23
Profitability
EBIT-%
ROA15.9 %15.6 %38.1 %15.1 %35.3 %
ROE34.7 %35.9 %82.1 %32.3 %79.7 %
ROI43.4 %41.4 %95.3 %38.5 %102.1 %
Economic value added (EVA)507.89409.321 877.13564.301 742.57
Solvency
Equity ratio31.8 %35.1 %39.3 %39.1 %36.1 %
Gearing19.8 %6.7 %12.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.51.81.81.7
Current ratio1.51.51.61.61.5
Cash and cash equivalents2 119.121 317.644 323.762 873.002 860.23
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:35.3%
Rating: 86/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.1%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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