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LARS BANK EJENDOMME ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LARS BANK EJENDOMME ApS
LARS BANK EJENDOMME ApS (CVR number: 29426201) is a company from VEJLE. The company recorded a gross profit of 292.6 kDKK in 2024. The operating profit was 22.3 kDKK, while net earnings were -26.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak but Return on Equity (ROE) was -0.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 75.4 %, 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. LARS BANK EJENDOMME ApS's liquidity measured by quick ratio was 28.4 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 557.57 | 389.88 | 477.72 | 471.33 | 292.58 |
| EBIT | 406.97 | 239.28 | 301.91 | 218.99 | 22.33 |
| Net earnings | 291.12 | 126.65 | 170.58 | 120.63 | -26.49 |
| Shareholders equity total | 8 279.78 | 7 906.43 | 8 147.41 | 8 268.03 | 8 241.54 |
| Balance sheet total (assets) | 9 959.87 | 10 183.31 | 10 503.01 | 10 962.11 | 10 930.20 |
| Net debt | 710.72 | 1 021.48 | 621.54 | 1 773.88 | 1 462.91 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 4.1 % | 2.4 % | 2.9 % | 2.5 % | 0.8 % |
| ROE | 3.6 % | 1.6 % | 2.1 % | 1.5 % | -0.3 % |
| ROI | 4.1 % | 2.4 % | 2.9 % | 2.6 % | 0.8 % |
| Economic value added (EVA) | - 144.99 | - 303.34 | - 268.68 | - 329.80 | - 519.69 |
| Solvency | |||||
| Equity ratio | 83.1 % | 77.6 % | 77.6 % | 75.4 % | 75.4 % |
| Gearing | 16.8 % | 25.7 % | 26.3 % | 28.1 % | 30.2 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 6.4 | 25.5 | 20.7 | 8.1 | 28.4 |
| Current ratio | 6.4 | 25.5 | 20.7 | 8.1 | 28.4 |
| Cash and cash equivalents | 683.41 | 1 011.50 | 1 524.90 | 547.56 | 1 022.15 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | BBB |
Variable visualization
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