LARSEN & LANGE HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LARSEN & LANGE HOLDING ApS
LARSEN & LANGE HOLDING ApS (CVR number: 27305857) is a company from ROSKILDE. The company recorded a gross profit of -4.7 kDKK in 2023. The operating profit was -43.4 kDKK, while net earnings were -36 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.2 %, which can be considered poor and Return on Equity (ROE) was -8.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 85.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LARSEN & LANGE HOLDING ApS's liquidity measured by quick ratio was 2.4 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -27.01 | -8.00 | -6.66 | -6.95 | -4.73 |
EBIT | - 103.08 | -46.69 | -56.94 | -56.94 | -43.42 |
Net earnings | - 104.88 | -41.14 | -54.50 | -55.69 | -36.04 |
Shareholders equity total | 606.43 | 565.29 | 510.79 | 455.10 | 419.07 |
Balance sheet total (assets) | 659.33 | 621.19 | 566.19 | 510.00 | 488.46 |
Net debt | - 121.13 | -75.79 | -59.48 | -59.28 | -53.44 |
Profitability | |||||
EBIT-% | |||||
ROA | -14.5 % | -6.4 % | -9.6 % | -10.3 % | -7.2 % |
ROE | -15.9 % | -7.0 % | -10.1 % | -11.5 % | -8.2 % |
ROI | -15.9 % | -6.8 % | -9.8 % | -10.5 % | -7.3 % |
Economic value added (EVA) | - 125.86 | -67.06 | -75.21 | -73.29 | -56.98 |
Solvency | |||||
Equity ratio | 92.0 % | 91.0 % | 90.2 % | 89.2 % | 85.8 % |
Gearing | 8.1 % | 9.0 % | 10.1 % | 15.0 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.3 | 3.1 | 2.8 | 2.8 | 2.4 |
Current ratio | 3.3 | 3.1 | 2.8 | 2.8 | 2.4 |
Cash and cash equivalents | 121.13 | 121.68 | 105.37 | 105.18 | 116.33 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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