AAGE LARSEN ApS — Credit Rating and Financial Key Figures

CVR number: 75250215
Bjerne Langgyde 6, 5600 Faaborg
aakala@outlook.dk
tel: 62619220

Credit rating

Company information

Official name
AAGE LARSEN ApS
Established
1984
Company form
Private limited company
Industry
  • Expand more icon66Activities auxiliary to financial services and insurance activities

About AAGE LARSEN ApS

AAGE LARSEN ApS (CVR number: 75250215) is a company from FAABORG-MIDTFYN. The company reported a net sales of 0 mDKK in 2023, demonstrating a decline of -96.8 % compared to the previous year. The operating profit percentage was at 222.3 % (EBIT: 0 mDKK), while net earnings were 1.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak and Return on Equity (ROE) was 0 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 84.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. AAGE LARSEN ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales2.935.20333.1753.351.72
Gross profit80.7064.42145.1218.92114.62
EBIT-11.36-45.0535.95-76.663.83
Net earnings-31.82-21.2235.24-93.831.80
Shareholders equity total7 049.476 972.956 951.696 800.666 743.56
Balance sheet total (assets)13 299.8013 220.5213 244.417 994.128 012.69
Net debt1 781.441 702.59-3 225.03- 178.30- 478.17
Profitability
EBIT-%-387.8 %-866.4 %10.8 %-143.7 %222.3 %
ROA0.2 %-0.0 %0.5 %-0.4 %0.8 %
ROE-0.4 %-0.3 %0.5 %-1.4 %0.0 %
ROI0.3 %-0.0 %0.8 %-0.6 %0.9 %
Economic value added (EVA)- 205.70- 478.89- 407.89- 245.00- 328.94
Solvency
Equity ratio53.0 %52.7 %52.5 %85.1 %84.2 %
Gearing28.0 %28.3 %28.4 %
Relative net indebtedness %206845.8 %114954.6 %328.2 %1902.6 %45853.2 %
Liquidity
Quick ratio1.41.51.50.91.1
Current ratio1.51.51.51.11.3
Cash and cash equivalents193.88269.935 199.32178.30478.17
Capital use efficiency
Trade debtors turnover (days)51.5
Net working capital %65769.0 %37966.4 %654.8 %199.2 %18631.3 %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:0.76%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.2%
Rating: 64/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Build time: 2025-02-10T13:59:06.172Z

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.