Larsen Holding, Aalborg ApS — Credit Rating and Financial Key Figures

CVR number: 39156407
Nibevej 250, 9200 Aalborg SV

Company information

Official name
Larsen Holding, Aalborg ApS
Established
2017
Company form
Private limited company
Industry

About Larsen Holding, Aalborg ApS

Larsen Holding, Aalborg ApS (CVR number: 39156407) is a company from AALBORG. The company recorded a gross profit of 3529.8 kDKK in 2023. The operating profit was 3626.6 kDKK, while net earnings were 2595.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7 %, which can be considered decent and Return on Equity (ROE) was 7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 66.2 %, 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. Larsen Holding, Aalborg ApS's liquidity measured by quick ratio was 2.4 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 154.003 246.003 290.003 389.003 529.81
EBIT3 269.003 246.004 089.003 513.003 626.60
Net earnings2 317.002 420.003 102.002 502.002 595.94
Shareholders equity total29 808.0032 366.0035 816.0038 462.0035 917.31
Balance sheet total (assets)52 646.0053 861.0056 201.0057 778.0054 287.12
Net debt15 839.0013 166.0010 631.006 213.008 482.00
Profitability
EBIT-%
ROA6.3 %6.2 %7.5 %6.3 %7.0 %
ROE8.1 %7.8 %9.1 %6.7 %7.0 %
ROI6.5 %6.3 %7.6 %6.4 %7.2 %
Economic value added (EVA)337.98309.07967.71471.14638.36
Solvency
Equity ratio56.6 %60.1 %63.7 %66.6 %66.2 %
Gearing59.0 %49.8 %41.4 %35.4 %35.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.62.23.44.62.4
Current ratio1.62.23.44.62.4
Cash and cash equivalents1 734.002 967.004 195.007 421.004 071.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:7.04%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.2%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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