Glarmester Lars Johansen & Søn A/S — Credit Rating and Financial Key Figures

CVR number: 13897778
Skebjergvej 14, Lille Smørum 2765 Smørum
info@larsjohansen.dk
tel: 44669514
www.larsjohansen.dk

Credit rating

Company information

Official name
Glarmester Lars Johansen & Søn A/S
Personnel
10 persons
Established
1990
Domicile
Lille Smørum
Company form
Limited company
Industry

About Glarmester Lars Johansen & Søn A/S

Glarmester Lars Johansen & Søn A/S (CVR number: 13897778) is a company from EGEDAL. The company recorded a gross profit of 4588.4 kDKK in 2023. The operating profit was 894.7 kDKK, while net earnings were 689.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33.7 %, which can be considered excellent and Return on Equity (ROE) was 44.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 56.6 %, 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. Glarmester Lars Johansen & Søn A/S's liquidity measured by quick ratio was 3.3 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 197.093 257.224 376.244 292.904 588.42
EBIT34.45149.641 178.83563.46894.67
Net earnings8.52101.81927.14428.31689.79
Shareholders equity total951.491 053.301 430.441 358.751 748.54
Balance sheet total (assets)1 947.922 201.392 529.912 217.223 089.43
Net debt- 561.88-1 214.96- 763.34- 780.35- 429.63
Profitability
EBIT-%
ROA1.7 %7.2 %49.8 %23.7 %33.7 %
ROE0.9 %10.2 %74.7 %30.7 %44.4 %
ROI2.9 %12.9 %89.0 %38.6 %48.9 %
Economic value added (EVA)9.6296.69944.14408.34666.09
Solvency
Equity ratio48.8 %47.8 %56.5 %61.3 %56.6 %
Gearing24.0 %7.9 %5.7 %3.6 %28.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.92.02.23.3
Current ratio1.92.02.02.33.4
Cash and cash equivalents790.481 298.39845.22829.08930.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:33.7%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.6%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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