AAGE LARSEN ApS — Credit Rating and Financial Key Figures

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

Official name
AAGE LARSEN ApS
Established
1984
Company form
Private limited company
Industry

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 2024, demonstrating a growth of 1386.3 % compared to the previous year. The operating profit percentage was at 77.8 % (EBIT: 0 mDKK), while net earnings were 10.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak and Return on Equity (ROE) was 0.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 93.7 %, 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 0.8 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales5.20333.1753.351.7225.64
Gross profit64.42145.1218.92131.12144.03
EBIT-45.0535.95-76.6620.3319.95
Net earnings-21.2235.24-93.83-6.8310.92
Shareholders equity total6 972.956 951.696 800.666 743.566 693.48
Balance sheet total (assets)13 220.5213 244.417 994.128 012.697 144.22
Net debt1 702.59-3 225.03- 178.30- 478.17- 157.98
Profitability
EBIT-%-866.4 %10.8 %-143.7 %1178.8 %77.8 %
ROA-0.0 %0.5 %-0.4 %0.6 %1.0 %
ROE-0.3 %0.5 %-1.4 %-0.1 %0.2 %
ROI-0.0 %0.8 %-0.6 %0.8 %1.1 %
Economic value added (EVA)- 488.64- 421.45- 506.27- 319.77- 323.36
Solvency
Equity ratio52.7 %52.5 %85.1 %84.2 %93.7 %
Gearing28.3 %28.4 %
Relative net indebtedness %114954.6 %328.2 %1902.6 %45853.2 %1141.9 %
Liquidity
Quick ratio1.51.50.91.10.8
Current ratio1.51.51.11.31.2
Cash and cash equivalents269.935 199.32178.30478.17157.98
Capital use efficiency
Trade debtors turnover (days)51.5
Net working capital %37966.4 %654.8 %199.2 %18631.3 %398.4 %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:1.00%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.7%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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