LARSEN & MIDTGAARD ApS — Credit Rating and Financial Key Figures

CVR number: 34587663
Darupvej 105, Darup 4000 Roskilde

Credit rating

Company information

Official name
LARSEN & MIDTGAARD ApS
Established
2012
Domicile
Darup
Company form
Private limited company
Industry
  • Expand more icon35Electricity, gas, steam and air conditioning supply

About LARSEN & MIDTGAARD ApS

LARSEN & MIDTGAARD ApS (CVR number: 34587663) is a company from ROSKILDE. The company recorded a gross profit of 85.9 kDKK in 2024. The operating profit was 85.9 kDKK, while net earnings were 65.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.1 %, which can be considered good and Return on Equity (ROE) was 8.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 90.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LARSEN & MIDTGAARD ApS's liquidity measured by quick ratio was 10.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit53.74208.73673.65228.8885.89
EBIT49.74207.73673.65228.8885.89
Net earnings38.83161.29524.57181.7765.82
Shareholders equity total272.88334.17758.74840.51642.33
Balance sheet total (assets)292.25386.43912.63891.06708.23
Net debt- 290.95- 384.23- 874.15- 795.37- 632.69
Profitability
EBIT-%
ROA14.4 %61.2 %103.9 %26.6 %11.1 %
ROE11.8 %53.1 %96.0 %22.7 %8.9 %
ROI15.1 %68.3 %123.5 %30.0 %11.9 %
Economic value added (EVA)39.13162.88529.71183.3464.41
Solvency
Equity ratio93.4 %86.5 %83.1 %94.3 %90.7 %
Gearing0.1 %0.1 %0.9 %
Relative net indebtedness %
Liquidity
Quick ratio15.27.45.917.610.7
Current ratio15.27.45.917.610.7
Cash and cash equivalents291.25384.53874.15795.37638.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:11.1%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.7%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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