LARSEN & NØRAGER ApS — Credit Rating and Financial Key Figures

CVR number: 28324146
Mølvangvej 61, 7300 Jelling
larsenjelling@gmail.com

Credit rating

Company information

Official name
LARSEN & NØRAGER ApS
Personnel
6 persons
Established
2005
Company form
Private limited company
Industry

About LARSEN & NØRAGER ApS

LARSEN & NØRAGER ApS (CVR number: 28324146) is a company from VEJLE. The company recorded a gross profit of 3133.6 kDKK in 2024. The operating profit was 326.5 kDKK, while net earnings were 253.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.2 %, which can be considered excellent and Return on Equity (ROE) was 36.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.1 %, 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. LARSEN & NØRAGER ApS'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 profit2 884.053 000.492 659.403 155.143 133.58
EBIT216.2143.86119.18156.98326.53
Net earnings149.31105.4658.81150.40253.54
Shareholders equity total1 006.31962.46915.81650.39753.54
Balance sheet total (assets)2 137.311 769.091 627.761 658.701 978.57
Net debt- 450.65- 559.24- 375.87- 331.40- 141.79
Profitability
EBIT-%
ROA11.1 %7.1 %8.0 %13.3 %18.2 %
ROE14.2 %10.7 %6.3 %19.2 %36.1 %
ROI23.2 %14.1 %14.3 %27.3 %35.3 %
Economic value added (EVA)149.586.0072.7696.87238.08
Solvency
Equity ratio47.1 %54.4 %56.3 %39.2 %38.1 %
Gearing0.2 %3.4 %55.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.72.31.61.7
Current ratio1.31.72.31.61.7
Cash and cash equivalents450.65560.95406.87331.40559.80
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:18.2%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.1%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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