LARSEN & EGELUND ApS — Credit Rating and Financial Key Figures

CVR number: 26577144
Møllevej 15, 4140 Borup
je@larsenogegelund.dk
tel: 46437275

Credit rating

Company information

Official name
LARSEN & EGELUND ApS
Personnel
47 persons
Established
2002
Company form
Private limited company
Industry

About LARSEN & EGELUND ApS

LARSEN & EGELUND ApS (CVR number: 26577144) is a company from KØGE. The company recorded a gross profit of 42 mDKK in 2024. The operating profit was 2140 kDKK, while net earnings were 1626.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.8 %, which can be considered excellent and Return on Equity (ROE) was 51.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27.2 %, 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 & EGELUND ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit43 190.9335 429.8748 776.8363 238.7442 022.87
EBIT5 210.363 851.574 896.494 033.972 140.04
Net earnings3 994.562 963.073 741.533 151.251 626.67
Shareholders equity total5 473.634 436.695 178.234 329.481 956.15
Balance sheet total (assets)14 027.579 624.1014 260.0412 564.847 181.61
Net debt-8 620.6216.85-3 602.11- 257.501 703.58
Profitability
EBIT-%
ROA41.6 %32.6 %41.1 %30.1 %21.8 %
ROE84.1 %59.8 %77.8 %66.3 %51.8 %
ROI108.6 %77.3 %101.8 %83.5 %51.7 %
Economic value added (EVA)3 992.463 170.723 575.993 074.031 469.20
Solvency
Equity ratio39.0 %46.1 %36.3 %34.5 %27.2 %
Gearing0.4 %3.8 %94.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.51.41.31.0
Current ratio1.51.51.41.31.0
Cash and cash equivalents8 620.623 602.11423.72152.96
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:21.8%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.2%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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