C.E. LARSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 34615233
Ravnsbjergvej 37, Vestre Vig 4560 Vig

Credit rating

Company information

Official name
C.E. LARSEN HOLDING ApS
Established
2012
Domicile
Vestre Vig
Company form
Private limited company
Industry

About C.E. LARSEN HOLDING ApS

C.E. LARSEN HOLDING ApS (CVR number: 34615233) is a company from ODSHERRED. The company recorded a gross profit of -56.2 kDKK in 2024. The operating profit was -56.2 kDKK, while net earnings were 458.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.8 %, which can be considered good and Return on Equity (ROE) was 11.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 98.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. C.E. LARSEN HOLDING ApS's liquidity measured by quick ratio was 11.5 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 profit-7.50-13.84-16.61-35.72-56.24
EBIT-7.50-13.84-16.61-35.72-56.24
Net earnings522.23336.98688.14844.77458.31
Shareholders equity total2 433.042 657.023 230.763 957.744 294.05
Balance sheet total (assets)2 440.542 712.873 394.674 246.444 359.32
Net debt- 144.87- 542.70- 185.38-20.08- 110.62
Profitability
EBIT-%
ROA23.4 %13.2 %22.8 %22.1 %10.8 %
ROE23.5 %13.2 %23.4 %23.5 %11.1 %
ROI23.8 %13.4 %23.7 %23.3 %11.2 %
Economic value added (EVA)-38.58-38.05-30.38-71.18- 127.56
Solvency
Equity ratio99.7 %97.9 %95.2 %93.2 %98.5 %
Gearing2.2 %
Relative net indebtedness %
Liquidity
Quick ratio114.123.83.51.511.5
Current ratio114.123.83.51.511.5
Cash and cash equivalents144.87542.70185.38108.83110.62
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:10.8%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.5%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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