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Larsens Byggeservice ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Larsens Byggeservice ApS
Larsens Byggeservice ApS (CVR number: 36702540) is a company from BALLERUP. The company recorded a gross profit of 2956 kDKK in 2024. The operating profit was -209.1 kDKK, while net earnings were -190.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.2 %, which can be considered poor and Return on Equity (ROE) was -15.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 53 %, 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. Larsens Byggeservice ApS's liquidity measured by quick ratio was 2.1 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 | 3 411.30 | 2 833.93 | 3 291.75 | 3 518.38 | 2 956.04 |
| EBIT | 111.08 | 80.43 | 534.61 | 149.90 | - 209.07 |
| Net earnings | 70.08 | 25.25 | 418.97 | 99.02 | - 190.14 |
| Shareholders equity total | 983.66 | 952.41 | 1 314.18 | 1 354.30 | 1 103.16 |
| Balance sheet total (assets) | 2 416.07 | 2 168.96 | 2 751.02 | 2 975.97 | 2 079.73 |
| Net debt | - 376.41 | -83.85 | - 231.00 | - 705.75 | - 240.10 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 5.0 % | 3.5 % | 21.7 % | 5.2 % | -8.2 % |
| ROE | 7.4 % | 2.6 % | 37.0 % | 7.4 % | -15.5 % |
| ROI | 8.8 % | 6.6 % | 39.4 % | 10.0 % | -15.2 % |
| Economic value added (EVA) | 21.42 | -7.35 | 368.53 | 33.07 | - 247.87 |
| Solvency | |||||
| Equity ratio | 40.7 % | 43.9 % | 47.8 % | 45.5 % | 53.0 % |
| Gearing | 30.4 % | 25.8 % | 15.6 % | 9.8 % | 13.5 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.6 | 1.8 | 2.0 | 1.8 | 2.1 |
| Current ratio | 1.6 | 1.8 | 2.0 | 1.8 | 2.1 |
| Cash and cash equivalents | 675.41 | 329.36 | 435.66 | 838.59 | 388.54 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BB |
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