H.K. Larsen ApS — Credit Rating and Financial Key Figures

CVR number: 37280844
Torningvej 23 C, 6070 Christiansfeld
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Company information

Official name
H.K. Larsen ApS
Personnel
1 person
Established
2015
Company form
Private limited company
Industry

About H.K. Larsen ApS

H.K. Larsen ApS (CVR number: 37280844) is a company from KOLDING. The company recorded a gross profit of 376.9 kDKK in 2022. The operating profit was -20.7 kDKK, while net earnings were -20.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.5 %, which can be considered poor and Return on Equity (ROE) was -15.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 41.4 %, 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. H.K. Larsen ApS's liquidity measured by quick ratio was 1.7 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
2018
2019
2020
2021
2022
Volume
Net sales1 107.04
Gross profit449.26432.65411.49376.87
EBIT38.85-45.8235.41-0.09-20.71
Net earnings18.46-41.5635.67-2.38-20.79
Shareholders equity total153.97112.41148.08145.70124.90
Balance sheet total (assets)340.16295.88407.26334.94301.44
Net debt- 212.16- 255.30- 379.26- 189.68- 152.68
Profitability
EBIT-%3.2 %
ROA16.2 %-14.4 %10.1 %-0.0 %-6.5 %
ROE15.4 %-31.2 %27.4 %-1.6 %-15.4 %
ROI22.9 %-25.0 %27.2 %-0.0 %-8.6 %
Economic value added (EVA)28.95-33.4644.6911.53-11.44
Solvency
Equity ratio45.3 %38.0 %36.4 %43.5 %41.4 %
Gearing64.9 %71.8 %83.8 %
Relative net indebtedness %-10.8 %
Liquidity
Quick ratio1.81.61.61.81.7
Current ratio1.81.61.61.81.7
Cash and cash equivalents312.16255.30379.26294.36257.36
Capital use efficiency
Trade debtors turnover (days)
Net working capital %13.4 %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-6.51%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.4%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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