OLAV MØLBJERG LARSEN HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About OLAV MØLBJERG LARSEN HOLDING A/S
OLAV MØLBJERG LARSEN HOLDING A/S (CVR number: 20023244) is a company from AALBORG. The company recorded a gross profit of 1250.4 kDKK in 2024. The operating profit was -1294.9 kDKK, while net earnings were -1054.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.6 %, which can be considered poor and Return on Equity (ROE) was -5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63.5 %, 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. OLAV MØLBJERG LARSEN HOLDING A/S's liquidity measured by quick ratio was 1.8 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 | 6 237.51 | 5 336.80 | 1 743.90 | 1 849.02 | 1 250.38 |
EBIT | 5 125.13 | 4 546.78 | 1 013.07 | -3 355.95 | -1 294.94 |
Net earnings | 3 010.48 | 5 185.94 | 2 492.59 | -2 200.47 | -1 054.66 |
Shareholders equity total | 22 095.30 | 26 771.24 | 56 776.82 | 30 576.34 | 11 521.68 |
Balance sheet total (assets) | 65 922.02 | 49 958.67 | 75 894.10 | 35 576.65 | 18 145.09 |
Net debt | 20 782.84 | 3 937.16 | 6 154.35 | -9 261.12 | -11 651.17 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.0 % | 11.4 % | 4.9 % | -5.6 % | -4.6 % |
ROE | 10.2 % | 21.2 % | 6.0 % | -5.0 % | -5.0 % |
ROI | 8.5 % | 16.3 % | 6.1 % | -6.4 % | -5.7 % |
Economic value added (EVA) | 769.24 | 1 258.96 | -1 053.44 | -5 668.68 | -2 666.81 |
Solvency | |||||
Equity ratio | 33.5 % | 53.6 % | 74.8 % | 85.9 % | 63.5 % |
Gearing | 96.3 % | 19.2 % | 10.8 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.1 | 0.0 | 2.3 | 1.8 |
Current ratio | 0.1 | 0.1 | 0.0 | 2.3 | 1.8 |
Cash and cash equivalents | 496.31 | 1 216.19 | 9 261.12 | 11 651.17 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | BBB |
Variable visualization
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