Larstal Denmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Larstal Denmark ApS
Larstal Denmark ApS (CVR number: 42457590) is a company from KØBENHAVN. The company recorded a gross profit of -770 kEUR in 2024. The operating profit was -1312 kEUR, while net earnings were -1298.4 kEUR. The profitability of the company measured by Return on Assets (ROA) was -51 %, which can be considered poor and Return on Equity (ROE) was -120.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 39.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Larstal Denmark ApS's liquidity measured by quick ratio was 1.7 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 financialsGross profit (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | -5.15 | - 129.95 | - 159.95 | - 769.98 |
| EBIT | -5.15 | - 215.95 | - 549.43 | -1 311.96 |
| Net earnings | -5.15 | - 227.21 | - 558.25 | -1 298.37 |
| Shareholders equity total | 350.23 | 333.02 | 348.77 | 1 806.76 |
| Balance sheet total (assets) | 355.38 | 517.60 | 409.45 | 4 558.69 |
| Net debt | - 342.69 | - 120.34 | 508.10 | |
| Profitability | ||||
| EBIT-% | ||||
| ROA | -1.4 % | -49.2 % | -117.0 % | -51.0 % |
| ROE | -1.5 % | -66.5 % | -163.8 % | -120.5 % |
| ROI | -1.5 % | -50.4 % | -127.2 % | -52.6 % |
| Economic value added (EVA) | -5.15 | - 233.55 | - 574.65 | -1 329.58 |
| Solvency | ||||
| Equity ratio | 98.6 % | 64.3 % | 85.2 % | 39.6 % |
| Gearing | 50.7 % | 0.5 % | 147.0 % | |
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 69.0 | 2.8 | 6.6 | 1.7 |
| Current ratio | 69.0 | 2.8 | 6.6 | 1.7 |
| Cash and cash equivalents | 511.53 | 122.07 | 2 148.29 | |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | BB | B | B | BB |
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