LARSEN OG RAVN.DK ApS — Credit Rating and Financial Key Figures

CVR number: 34898596
Fiskergade 15, 4220 Korsør
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Credit rating

Company information

Official name
LARSEN OG RAVN.DK ApS
Personnel
2 persons
Established
2013
Company form
Private limited company
Industry

About LARSEN OG RAVN.DK ApS

LARSEN OG RAVN.DK ApS (CVR number: 34898596) is a company from SLAGELSE. The company recorded a gross profit of 226.1 kDKK in 2023. The operating profit was -37.1 kDKK, while net earnings were -39.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.7 %, which can be considered poor and Return on Equity (ROE) was -16.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 66.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. LARSEN OG RAVN.DK ApS's liquidity measured by quick ratio was 2 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 profit390.51324.39185.98281.55226.11
EBIT139.73107.46-56.54-9.05-37.08
Net earnings115.44114.70-98.42-11.36-39.56
Shareholders equity total248.46363.16264.73253.37213.81
Balance sheet total (assets)411.97524.04345.60367.25320.95
Net debt- 406.78- 518.79- 223.49- 223.39- 203.92
Profitability
EBIT-%
ROA44.6 %31.5 %-12.9 %-2.5 %-10.7 %
ROE60.5 %37.5 %-31.4 %-4.4 %-16.9 %
ROI77.4 %47.6 %-17.6 %-3.5 %-15.7 %
Economic value added (EVA)116.1292.77-44.84-11.12-38.58
Solvency
Equity ratio60.3 %69.3 %76.6 %69.0 %66.6 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.53.42.82.22.0
Current ratio2.53.42.82.22.0
Cash and cash equivalents406.78518.79223.49223.39203.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-10.7%
Rating: 9/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.6%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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