Kjeld Larsen & Søns eftf. a/s — Credit Rating and Financial Key Figures

CVR number: 12255373
Hartevej 5, Harte 6000 Kolding
post@kjeldlarsen.dk
tel: 75526822

Credit rating

Company information

Official name
Kjeld Larsen & Søns eftf. a/s
Personnel
18 persons
Established
1988
Domicile
Harte
Company form
Limited company
Industry
  • Expand more icon81Services to buildings and landscape activities

About Kjeld Larsen & Søns eftf. a/s

Kjeld Larsen & Søns eftf. a/s (CVR number: 12255373) is a company from KOLDING. The company recorded a gross profit of 9243.6 kDKK in 2024. The operating profit was 609.1 kDKK, while net earnings were 457.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14 %, which can be considered good but Return on Equity (ROE) was 22.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Kjeld Larsen & Søns eftf. a/s's liquidity measured by quick ratio was 1.8 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 profit6 473.438 178.107 462.907 930.629 243.65
EBIT298.58611.711.7562.87609.13
Net earnings206.07459.67-15.1816.64457.73
Shareholders equity total1 976.052 235.721 770.541 787.192 244.92
Balance sheet total (assets)6 364.815 446.093 885.463 900.655 006.47
Net debt-2 094.37- 875.91422.3413.42-1 234.44
Profitability
EBIT-%
ROA5.3 %10.4 %0.2 %1.9 %14.0 %
ROE10.2 %21.8 %-0.8 %0.9 %22.7 %
ROI13.3 %25.1 %0.4 %3.6 %28.7 %
Economic value added (EVA)188.25481.66-66.93-49.01384.65
Solvency
Equity ratio32.4 %41.1 %46.4 %45.8 %47.3 %
Gearing25.0 %1.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.61.61.41.8
Current ratio1.41.61.71.61.7
Cash and cash equivalents2 094.37875.9120.4810.141 234.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:14.0%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.3%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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