ERLING LARSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 32144055
Sdr. Saltumvej 50, 9493 Saltum

Company information

Official name
ERLING LARSEN HOLDING ApS
Established
2009
Company form
Private limited company
Industry

About ERLING LARSEN HOLDING ApS

ERLING LARSEN HOLDING ApS (CVR number: 32144055) is a company from JAMMERBUGT. The company recorded a gross profit of -24 kDKK in 2023. The operating profit was -24 kDKK, while net earnings were 1063.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good but Return on Equity (ROE) was 6.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 98.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ERLING LARSEN HOLDING ApS's liquidity measured by quick ratio was 878.5 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 profit-20.41-19.90-24.11-20.19-24.03
EBIT-20.41-19.90-24.11-20.19-24.03
Net earnings66.913 003.23- 607.471 143.411 063.07
Shareholders equity total16 024.9218 917.5514 697.0915 840.5016 785.77
Balance sheet total (assets)16 039.2919 721.3214 720.5515 921.6817 020.90
Net debt-16 020.33-19 696.59-14 680.52-15 877.65-16 962.76
Profitability
EBIT-%
ROA3.7 %21.6 %4.2 %8.6 %8.3 %
ROE0.4 %17.2 %-3.6 %7.5 %6.5 %
ROI3.7 %22.1 %4.3 %8.6 %8.4 %
Economic value added (EVA)- 817.78-15.7615.04-18.41-16.62
Solvency
Equity ratio99.9 %95.9 %99.8 %99.5 %98.6 %
Gearing0.0 %0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio1 115.91 372.0627.3821.8878.5
Current ratio1 115.91 372.0627.3821.8878.5
Cash and cash equivalents16 020.3319 696.5914 685.5215 882.6516 967.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBA

Variable visualization

ROA:8.28%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.6%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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