H.P. Larsen A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About H.P. Larsen A/S
H.P. Larsen A/S (CVR number: 37287369) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 1980.8 kDKK in 2024. The operating profit was -121.3 kDKK, while net earnings were -119.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.8 %, which can be considered poor and Return on Equity (ROE) was -10.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.1 %, 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. H.P. Larsen A/S's liquidity measured by quick ratio was 1.9 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 372.18 | 2 802.07 | 2 457.96 | 3 593.84 | 1 980.80 |
EBIT | 143.78 | 83.61 | -58.37 | 745.04 | - 121.29 |
Net earnings | 132.20 | 79.37 | -63.29 | 579.41 | - 119.74 |
Shareholders equity total | 764.50 | 733.87 | 670.58 | 1 249.99 | 980.25 |
Balance sheet total (assets) | 1 681.46 | 2 164.35 | 1 527.50 | 2 348.86 | 2 079.98 |
Net debt | - 449.93 | - 577.42 | - 675.13 | -1 658.22 | -1 171.90 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.1 % | 4.4 % | -3.2 % | 38.6 % | -4.8 % |
ROE | 17.1 % | 10.6 % | -9.0 % | 60.3 % | -10.7 % |
ROI | 18.6 % | 11.2 % | -8.3 % | 76.9 % | -9.3 % |
Economic value added (EVA) | 104.47 | 44.08 | -94.32 | 559.92 | - 185.33 |
Solvency | |||||
Equity ratio | 45.5 % | 33.9 % | 43.9 % | 53.2 % | 47.1 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 1.3 | 1.5 | 2.1 | 1.9 |
Current ratio | 1.6 | 1.4 | 1.6 | 2.1 | 1.9 |
Cash and cash equivalents | 449.93 | 577.42 | 675.13 | 1 658.22 | 1 171.90 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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