Lars Broe Ejendomme ApS — Credit Rating and Financial Key Figures

CVR number: 37832987
Herluf Trolles Vej 20 B, 5220 Odense SØ

Credit rating

Company information

Official name
Lars Broe Ejendomme ApS
Established
2016
Company form
Private limited company
Industry

About Lars Broe Ejendomme ApS

Lars Broe Ejendomme ApS (CVR number: 37832987) is a company from ODENSE. The company recorded a gross profit of 1278.9 kDKK in 2024. The operating profit was 438 kDKK, while net earnings were -99.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak but Return on Equity (ROE) was -5.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 9.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Lars Broe Ejendomme ApS's liquidity measured by quick ratio was 0.1 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 profit756.54864.501 031.771 148.091 278.93
EBIT256.55231.20300.55382.12437.95
Net earnings123.5239.83320.29-71.76-99.08
Shareholders equity total1 438.971 478.791 799.081 727.321 628.24
Balance sheet total (assets)13 798.9116 791.1717 207.9016 518.1417 758.51
Net debt10 727.4613 763.8813 681.7012 978.9714 328.49
Profitability
EBIT-%
ROA2.1 %1.5 %3.9 %2.3 %2.6 %
ROE9.0 %2.7 %19.5 %-4.1 %-5.9 %
ROI2.1 %1.5 %3.9 %2.3 %2.6 %
Economic value added (EVA)-78.32- 191.72- 258.14- 299.32- 225.06
Solvency
Equity ratio10.4 %8.8 %10.5 %10.5 %9.2 %
Gearing745.5 %930.8 %760.5 %751.4 %880.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.00.1
Current ratio0.00.00.00.00.1
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:2.56%
Rating: 33/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:9.17%
Rating: 9/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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