Lars Storm Holding ApS — Credit Rating and Financial Key Figures

CVR number: 40364463
Husgyden 54, Kertinge 5300 Kerteminde

Credit rating

Company information

Official name
Lars Storm Holding ApS
Established
2018
Domicile
Kertinge
Company form
Private limited company
Industry

About Lars Storm Holding ApS

Lars Storm Holding ApS (CVR number: 40364463) is a company from KERTEMINDE. The company recorded a gross profit of -3.4 kDKK in 2023. The operating profit was -3.4 kDKK, while net earnings were -332.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.2 %, which can be considered poor and Return on Equity (ROE) was -22.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 59.1 %, 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. Lars Storm Holding ApS'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 profit-5.81-2.63-3.98-3.88-3.44
EBIT-5.81-2.63-3.98-3.88-3.44
Net earnings17.00157.94306.90214.16- 332.93
Shareholders equity total1 025.751 170.701 463.601 677.761 294.83
Balance sheet total (assets)1 033.561 302.172 445.832 388.992 191.97
Net debt8.4780.98233.6429.98
Profitability
EBIT-%
ROA1.6 %13.5 %16.5 %9.5 %-13.2 %
ROE1.7 %14.4 %23.3 %13.6 %-22.4 %
ROI1.6 %14.2 %22.5 %13.1 %-18.5 %
Economic value added (EVA)-2.321.829.3323.5835.00
Solvency
Equity ratio99.2 %89.9 %59.8 %70.2 %59.1 %
Gearing1.4 %6.6 %15.8 %3.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.91.01.01.0
Current ratio0.10.91.01.01.0
Cash and cash equivalents7.6414.8930.9313.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAAAABBB

Variable visualization

ROA:-13.2%
Rating: 7/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.1%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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