POUL LARSEN A/S — Credit Rating and Financial Key Figures

CVR number: 89442028
Gammel Gugvej 59-63, 9000 Aalborg
tel: 98114104

Credit rating

Company information

Official name
POUL LARSEN A/S
Personnel
9 persons
Established
1980
Company form
Limited company
Industry

About POUL LARSEN A/S

POUL LARSEN A/S (CVR number: 89442028) is a company from AALBORG. The company recorded a gross profit of 4076.4 kDKK in 2023. The operating profit was 822.3 kDKK, while net earnings were 441.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.7 %, which can be considered good and Return on Equity (ROE) was 14.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 32.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. POUL LARSEN A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit2 980.582 915.183 623.073 535.864 076.39
EBIT- 416.57- 455.961 090.56554.18822.27
Net earnings- 114.87- 208.49770.71279.19441.14
Shareholders equity total13 999.841 791.352 562.052 841.243 282.38
Balance sheet total (assets)23 207.0210 850.4811 058.7811 298.2310 170.67
Net debt5 749.584 994.065 956.365 699.154 947.22
Profitability
EBIT-%
ROA0.9 %-0.4 %11.3 %6.5 %9.7 %
ROE-0.8 %-2.6 %35.4 %10.3 %14.4 %
ROI1.1 %-0.5 %15.8 %8.5 %12.3 %
Economic value added (EVA)-1 033.96-1 057.41747.16304.08502.53
Solvency
Equity ratio61.0 %17.4 %24.0 %25.7 %32.4 %
Gearing41.6 %280.1 %236.7 %204.5 %151.3 %
Relative net indebtedness %
Liquidity
Quick ratio2.10.70.80.81.0
Current ratio2.51.21.31.31.5
Cash and cash equivalents67.6723.66107.80111.9319.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:9.66%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.4%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member

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