ERIK LARSEN & CO. ApS — Credit Rating and Financial Key Figures

CVR number: 59101013
Nørrebrogade 60, 2200 København N
tel: 35360018

Company information

Official name
ERIK LARSEN & CO. ApS
Personnel
6 persons
Established
1976
Company form
Private limited company
Industry

About ERIK LARSEN & CO. ApS

ERIK LARSEN & CO. ApS (CVR number: 59101013) is a company from KØBENHAVN. The company recorded a gross profit of 3510.3 kDKK in 2024. The operating profit was -485.4 kDKK, while net earnings were -480.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.9 %, which can be considered poor and Return on Equity (ROE) was -21.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. ERIK LARSEN & CO. ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit3 960.164 077.213 589.514 152.743 510.34
EBIT309.19285.32221.66716.57- 485.38
Net earnings247.25272.60166.84561.71- 480.86
Shareholders equity total497.25769.85886.691 398.40- 230.86
Balance sheet total (assets)3 980.343 784.543 270.424 105.693 074.09
Net debt77.8919.73322.15- 714.901 407.21
Profitability
EBIT-%
ROA8.5 %7.4 %6.3 %19.6 %-12.9 %
ROE24.2 %43.0 %20.1 %49.2 %-21.5 %
ROI17.6 %12.4 %9.0 %31.2 %-24.7 %
Economic value added (EVA)165.93215.5489.89472.20- 596.64
Solvency
Equity ratio12.5 %20.3 %27.1 %34.1 %-7.0 %
Gearing167.3 %108.1 %90.5 %53.4 %-744.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.50.60.70.3
Current ratio0.60.70.80.80.3
Cash and cash equivalents754.21812.28480.071 462.16311.27
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-12.9%
Rating: 7/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-6.99%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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