OVE LARSEN HOLDING ApS

CVR number: 25054180
Alrøesvej 8, 7120 Vejle Øst
ovelarsenvejle@stofanet.dk
tel: 51551515

Credit rating

Company information

Official name
OVE LARSEN HOLDING ApS
Established
1999
Company form
Private limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

About the company

OVE LARSEN HOLDING ApS (CVR number: 25054180) is a company from VEJLE. The company recorded a gross profit of -64.3 kDKK in 2023, demonstrating a growth of 91.8 % compared to the previous year. The operating profit was -64.3 kDKK, while net earnings were 697 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.9 %, which can be considered good but Return on Equity (ROE) was 6.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 97.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. OVE LARSEN HOLDING ApS's liquidity measured by quick ratio was 43.6 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales1 099.95281.73301.34- 593.48
Gross profit1 050.00239.73255.38- 781.42-64.26
EBIT1 050.00239.73255.38- 781.42-64.26
Net earnings2 086.482 147.211 240.99-1 477.94697.03
Shareholders equity total14 195.9114 843.1214 584.1111 606.179 303.19
Balance sheet total (assets)14 433.3615 262.7515 079.8412 251.029 521.35
Net debt-8 931.20-9 627.82-9 145.43-11 762.36-9 387.64
Profitability
EBIT-%95.5 %85.1 %84.7 %
ROA16.6 %18.1 %13.2 %1.6 %12.9 %
ROE15.0 %14.8 %8.4 %-11.3 %6.7 %
ROI16.9 %18.5 %13.6 %1.6 %13.4 %
Economic value added (EVA)1 141.57428.24477.85- 394.94-42.28
Solvency
Equity ratio98.4 %97.3 %96.7 %94.7 %97.7 %
Gearing0.2 %
Relative net indebtedness %-790.4 %-3279.1 %-2870.4 %1873.3 %
Liquidity
Quick ratio38.823.218.719.043.6
Current ratio38.823.218.719.043.6
Cash and cash equivalents8 931.209 657.689 145.4311 762.369 387.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %13.4 %48.6 %-95.1 %-398.2 %
Credit risk
Credit ratingAAABBB

Variable visualization

ROA:12.9%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.7%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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