VERMUND LARSEN A/S

CVR number: 52796628
Gøteborgvej 12, 9200 Aalborg SV
tel: 96347600

Credit rating

Company information

Official name
VERMUND LARSEN A/S
Personnel
126 persons
Established
1975
Company form
Limited company
Industry
  • Expand more icon31Manufacture of furniture

About VERMUND LARSEN A/S

VERMUND LARSEN A/S (CVR number: 52796628K) is a company from AALBORG. The company recorded a gross profit of 110.7 mDKK in 2023. The operating profit was 16.6 mDKK, while net earnings were 10.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.7 %, which can be considered good and Return on Equity (ROE) was 12.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 54.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. VERMUND LARSEN A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit72 918.0085 219.0099 541.00104 862.00110 712.00
EBIT13 452.0015 626.0021 392.0021 881.0016 611.00
Net earnings10 292.0013 412.0017 103.0016 434.0010 590.00
Shareholders equity total60 171.0068 365.0077 656.0085 365.0087 512.00
Balance sheet total (assets)96 296.00120 678.00139 807.00171 410.00160 534.00
Net debt38 956.0020 012.00
Profitability
EBIT-%
ROA14.4 %14.4 %16.4 %14.9 %10.7 %
ROE17.3 %20.9 %23.4 %20.2 %12.3 %
ROI16.1 %14.4 %16.4 %17.2 %14.3 %
Economic value added (EVA)10 689.3112 602.4117 956.6612 775.567 311.36
Solvency
Equity ratio100.0 %100.0 %100.0 %49.8 %54.5 %
Gearing48.1 %32.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.9
Current ratio1.72.0
Cash and cash equivalents2 109.008 087.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAAAAA

Variable visualization

ROA:10.7%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.5%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board
Board member
Board member

Companies in the same industry

Build time: 2024-10-21T13:51:26.142Z

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