LARS RANEK A/S — Credit Rating and Financial Key Figures

CVR number: 20364106
Nørrebrogade 45 C, 2200 København N
lars@ranek.dk
tel: 40353493
www.ranek.dk

Credit rating

Company information

Official name
LARS RANEK A/S
Personnel
1 person
Established
1997
Company form
Limited company
Industry

About LARS RANEK A/S

LARS RANEK A/S (CVR number: 20364106) is a company from KØBENHAVN. The company recorded a gross profit of 406.2 kDKK in 2023. The operating profit was 129.6 kDKK, while net earnings were 104.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.8 %, which can be considered excellent and Return on Equity (ROE) was 16.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 86 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LARS RANEK A/S's liquidity measured by quick ratio was 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit927.92632.57970.40285.39406.15
EBIT68.60418.15642.90-16.22129.64
Net earnings22.84309.07497.14-15.48104.15
Shareholders equity total613.51922.57903.43587.95692.10
Balance sheet total (assets)1 292.691 620.471 154.19667.73805.23
Net debt- 531.54-1 052.61- 609.28- 249.44- 331.62
Profitability
EBIT-%
ROA3.6 %28.7 %46.3 %-1.8 %17.8 %
ROE1.7 %40.2 %54.5 %-2.1 %16.3 %
ROI5.1 %54.4 %67.5 %-2.0 %19.1 %
Economic value added (EVA)-15.46308.58508.00-23.5089.42
Solvency
Equity ratio47.5 %56.9 %78.3 %88.1 %86.0 %
Gearing8.7 %11.3 %3.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.72.24.06.65.0
Current ratio1.72.24.06.65.0
Cash and cash equivalents531.541 052.61687.46315.70358.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:17.8%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:86.0%
Rating: 66/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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