Fru Larsen Regnskab ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Fru Larsen Regnskab ApS
Fru Larsen Regnskab ApS (CVR number: 38401920) is a company from ROSKILDE. The company reported a net sales of 0.4 mDKK in 2023, demonstrating a growth of 18.9 % compared to the previous year. The operating profit percentage was at 82.8 % (EBIT: 0.3 mDKK), while net earnings were 213.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 40.2 %, which can be considered excellent and Return on Equity (ROE) was 32.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77.2 %, 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. Fru Larsen Regnskab ApS's liquidity measured by quick ratio was 4.4 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 292.88 | 322.88 | 278.99 | 314.16 | 373.43 |
Gross profit | 231.82 | 277.75 | 189.88 | 261.50 | 309.16 |
EBIT | 231.82 | 277.75 | 189.88 | 261.50 | 309.16 |
Net earnings | 194.85 | 275.21 | 71.33 | 161.20 | 213.60 |
Shareholders equity total | 492.07 | 656.68 | 615.01 | 661.81 | 640.83 |
Balance sheet total (assets) | 604.03 | 890.51 | 928.88 | 840.57 | 829.99 |
Net debt | - 564.83 | - 852.51 | - 891.50 | - 794.18 | - 791.48 |
Profitability | |||||
EBIT-% | 79.2 % | 86.0 % | 68.1 % | 83.2 % | 82.8 % |
ROA | 52.4 % | 49.3 % | 40.1 % | 39.3 % | 40.2 % |
ROE | 43.5 % | 47.9 % | 11.2 % | 25.3 % | 32.8 % |
ROI | 61.0 % | 63.3 % | 57.4 % | 54.5 % | 51.5 % |
Economic value added (EVA) | 190.70 | 232.72 | 172.93 | 240.37 | 268.63 |
Solvency | |||||
Equity ratio | 81.5 % | 73.7 % | 66.2 % | 78.7 % | 77.2 % |
Gearing | |||||
Relative net indebtedness % | -154.6 % | -191.6 % | -207.0 % | -195.9 % | -161.3 % |
Liquidity | |||||
Quick ratio | 6.2 | 3.8 | 3.0 | 4.7 | 4.4 |
Current ratio | 6.2 | 3.8 | 3.0 | 4.7 | 4.4 |
Cash and cash equivalents | 564.83 | 852.51 | 891.50 | 794.18 | 791.48 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 48.9 | 43.0 | 48.9 | 53.9 | 37.6 |
Net working capital % | 47.4 % | 22.4 % | -96.2 % | 17.0 % | 21.5 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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