C. E. LARSEN BYG ApS — Credit Rating and Financial Key Figures

CVR number: 31374324
Ravnsbjergvej 37, Vestre Vig 4560 Vig
christian@celarsenbyg.dk
https://celarsenbyg.dk/

Credit rating

Company information

Official name
C. E. LARSEN BYG ApS
Personnel
16 persons
Established
2008
Domicile
Vestre Vig
Company form
Private limited company
Industry

About C. E. LARSEN BYG ApS

C. E. LARSEN BYG ApS (CVR number: 31374324) is a company from ODSHERRED. The company recorded a gross profit of 6684.3 kDKK in 2024. The operating profit was 281.7 kDKK, while net earnings were 229.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.1 %, which can be considered good but Return on Equity (ROE) was 15.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. C. E. LARSEN BYG ApS's liquidity measured by quick ratio was 1.7 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 profit4 969.915 832.266 802.926 549.596 684.26
EBIT700.08425.89768.13912.17281.68
Net earnings515.45296.90581.87734.58229.30
Shareholders equity total1 585.151 382.051 463.921 698.491 227.79
Balance sheet total (assets)4 359.443 662.162 761.374 187.743 303.03
Net debt-1 467.10-1 299.13- 527.33- 763.15- 995.93
Profitability
EBIT-%
ROA19.3 %10.8 %24.8 %27.8 %9.1 %
ROE38.8 %20.0 %40.9 %46.5 %15.7 %
ROI35.2 %20.5 %41.2 %55.0 %19.6 %
Economic value added (EVA)530.21351.50624.75665.96166.61
Solvency
Equity ratio36.4 %37.7 %53.0 %42.9 %38.0 %
Gearing32.6 %46.4 %8.6 %0.1 %38.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.52.51.81.7
Current ratio1.51.52.51.71.6
Cash and cash equivalents1 983.281 939.90652.90765.251 471.86
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:9.06%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.0%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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