IB LAURSEN HOLDING, KORINTH ApS — Credit Rating and Financial Key Figures

CVR number: 35027416
Fleningevej 1, Korinth 5600 Faaborg
il@koef.dk
tel: 40448188

Company information

Official name
IB LAURSEN HOLDING, KORINTH ApS
Personnel
1 person
Established
2012
Domicile
Korinth
Company form
Private limited company
Industry

About IB LAURSEN HOLDING, KORINTH ApS

IB LAURSEN HOLDING, KORINTH ApS (CVR number: 35027416) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 109.7 kDKK in 2023. The operating profit was 72 kDKK, while net earnings were 377.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak and Return on Equity (ROE) was 2.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. IB LAURSEN HOLDING, KORINTH ApS's liquidity measured by quick ratio was 17.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-35.13-12.5043.17157.01109.71
EBIT-35.13-12.5032.73119.2871.98
Net earnings1 144.76779.76930.01507.41377.34
Shareholders equity total13 522.7813 934.5514 488.5614 614.9714 599.31
Balance sheet total (assets)13 696.0013 961.7714 556.7914 692.4114 871.94
Net debt-4 384.95-4 348.46-2 464.94-2 412.89-4 243.20
Profitability
EBIT-%
ROA8.8 %6.7 %6.8 %4.6 %3.4 %
ROE8.7 %5.7 %6.5 %3.5 %2.6 %
ROI8.8 %6.7 %6.8 %4.6 %3.4 %
Economic value added (EVA)- 675.23- 699.36- 668.14- 651.08- 693.45
Solvency
Equity ratio98.7 %99.8 %99.5 %99.5 %98.2 %
Gearing1.1 %
Relative net indebtedness %
Liquidity
Quick ratio26.2187.349.152.717.1
Current ratio26.2187.349.152.717.1
Cash and cash equivalents4 530.934 348.462 464.942 412.894 243.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:3.38%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.2%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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