H.K. Larsen ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 107.04 | ||||
Gross profit | 449.26 | 432.65 | 411.49 | 376.87 | |
EBIT | 38.85 | -45.82 | 35.41 | -0.09 | -20.71 |
Net earnings | 18.46 | -41.56 | 35.67 | -2.38 | -20.79 |
Shareholders equity total | 153.97 | 112.41 | 148.08 | 145.70 | 124.90 |
Balance sheet total (assets) | 340.16 | 295.88 | 407.26 | 334.94 | 301.44 |
Net debt | - 212.16 | - 255.30 | - 379.26 | - 189.68 | - 152.68 |
Profitability | |||||
EBIT-% | 3.2 % | ||||
ROA | 16.2 % | -14.4 % | 10.1 % | -0.0 % | -6.5 % |
ROE | 15.4 % | -31.2 % | 27.4 % | -1.6 % | -15.4 % |
ROI | 22.9 % | -25.0 % | 27.2 % | -0.0 % | -8.6 % |
Economic value added (EVA) | 28.95 | -33.46 | 44.69 | 11.53 | -11.44 |
Solvency | |||||
Equity ratio | 45.3 % | 38.0 % | 36.4 % | 43.5 % | 41.4 % |
Gearing | 64.9 % | 71.8 % | 83.8 % | ||
Relative net indebtedness % | -10.8 % | ||||
Liquidity | |||||
Quick ratio | 1.8 | 1.6 | 1.6 | 1.8 | 1.7 |
Current ratio | 1.8 | 1.6 | 1.6 | 1.8 | 1.7 |
Cash and cash equivalents | 312.16 | 255.30 | 379.26 | 294.36 | 257.36 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 13.4 % | ||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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