M & B LARSEN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About M & B LARSEN HOLDING ApS
M & B LARSEN HOLDING ApS (CVR number: 25760719) is a company from HJØRRING. The company recorded a gross profit of -119.5 kDKK in 2024. The operating profit was -191.5 kDKK, while net earnings were 1503.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11 %, which can be considered good but Return on Equity (ROE) was 5.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 97.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. M & B LARSEN HOLDING ApS's liquidity measured by quick ratio was 14.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 145.09 | - 114.04 | - 189.04 | - 124.39 | - 119.48 |
EBIT | - 253.09 | - 222.04 | - 285.04 | - 196.39 | - 191.48 |
Net earnings | 2 321.34 | 2 881.04 | - 596.31 | 4 358.67 | 1 503.53 |
Shareholders equity total | 28 383.91 | 29 264.96 | 26 368.64 | 28 427.31 | 26 930.84 |
Balance sheet total (assets) | 29 344.93 | 30 402.15 | 26 953.81 | 29 345.65 | 27 567.92 |
Net debt | -48.45 | 74.75 | 337.11 | - 114.75 | -33.67 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.2 % | 12.9 % | 0.8 % | 19.4 % | 11.0 % |
ROE | 8.2 % | 10.0 % | -2.1 % | 15.9 % | 5.4 % |
ROI | 10.4 % | 13.3 % | 0.9 % | 19.8 % | 11.3 % |
Economic value added (EVA) | -1 459.12 | -1 576.85 | -1 675.42 | -1 455.42 | -1 570.62 |
Solvency | |||||
Equity ratio | 96.7 % | 96.3 % | 97.8 % | 96.9 % | 97.7 % |
Gearing | 0.6 % | 1.5 % | 0.0 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 10.3 | 8.8 | 17.2 | 11.3 | 14.3 |
Current ratio | 10.3 | 8.8 | 17.2 | 11.3 | 14.3 |
Cash and cash equivalents | 48.45 | 99.31 | 51.93 | 114.75 | 43.12 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | A | AA | AA |
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