LARS GRØNVALL ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LARS GRØNVALL ApS
LARS GRØNVALL ApS (CVR number: 26535867) is a company from VEJLE. The company recorded a gross profit of -249.6 kDKK in 2024. The operating profit was -325.7 kDKK, while net earnings were 1345.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.8 %, which can be considered good and Return on Equity (ROE) was 10.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 77 %, 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 GRØNVALL ApS's liquidity measured by quick ratio was 7.4 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 | - 270.56 | -55.65 | 55.69 | - 134.37 | - 249.58 |
EBIT | - 301.37 | -86.45 | -4.73 | - 174.67 | - 325.74 |
Net earnings | 241.21 | 1 649.34 | 390.38 | 1 772.99 | 1 345.83 |
Shareholders equity total | 9 483.13 | 11 019.47 | 10 595.44 | 12 054.03 | 12 777.86 |
Balance sheet total (assets) | 14 960.60 | 16 578.71 | 13 947.16 | 15 437.08 | 16 585.67 |
Net debt | -3 416.61 | -4 185.30 | -6 759.02 | -8 430.53 | -9 219.07 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.6 % | 14.2 % | 10.6 % | 19.3 % | 12.8 % |
ROE | 2.5 % | 16.1 % | 3.6 % | 15.7 % | 10.8 % |
ROI | 4.6 % | 14.5 % | 10.8 % | 19.7 % | 13.2 % |
Economic value added (EVA) | - 236.73 | - 294.95 | - 263.67 | - 313.90 | - 408.17 |
Solvency | |||||
Equity ratio | 63.4 % | 66.5 % | 76.0 % | 78.1 % | 77.0 % |
Gearing | 54.6 % | 47.2 % | 29.3 % | 24.6 % | 25.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 7.3 | 6.9 | 8.0 | 9.0 | 7.4 |
Current ratio | 7.3 | 6.9 | 8.0 | 9.0 | 7.4 |
Cash and cash equivalents | 8 590.95 | 9 390.47 | 9 865.64 | 11 394.17 | 12 481.58 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | A |
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