Lars Küster Holding ApS

CVR number: 40704817
Jomfruens Kvarter 55, 6710 Esbjerg V

Credit rating

Company information

Official name
Lars Küster Holding ApS
Established
2019
Company form
Private limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

About Lars Küster Holding ApS

Lars Küster Holding ApS (CVR number: 40704817) is a company from ESBJERG. The company reported a net sales of 1.2 mDKK in 2023, demonstrating a growth of 24.4 % compared to the previous year. The operating profit percentage was at 99.4 % (EBIT: 1.2 mDKK), while net earnings were 874.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.5 %, which can be considered excellent and Return on Equity (ROE) was 52.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Lars Küster Holding ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020202120222023
Volume
Net sales91.00374.00941.001 170.24
Gross profit68.00367.00933.001 162.86
EBIT68.00367.00933.001 162.86
Net earnings66.00361.00810.00874.41
Shareholders equity total106.00467.001 277.002 036.78
Balance sheet total (assets)541.00835.007 659.008 020.86
Net debt429.00362.006 193.005 703.99
Profitability
EBIT-%74.7 %98.1 %99.1 %99.4 %
ROA12.6 %53.3 %22.0 %15.5 %
ROE62.3 %126.0 %92.9 %52.8 %
ROI12.7 %53.8 %22.0 %15.5 %
Economic value added (EVA)68.00371.52956.421 520.54
Solvency
Equity ratio19.6 %55.9 %16.7 %25.4 %
Gearing404.7 %77.5 %499.3 %293.5 %
Relative net indebtedness %478.0 %98.4 %658.8 %488.0 %
Liquidity
Quick ratio0.90.20.2
Current ratio0.90.20.2
Cash and cash equivalents183.00273.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-26.4 %-28.1 %-94.3 %-140.4 %
Credit risk
Credit ratingBBBBBBBA

Variable visualization

ROA:15.5%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.4%
Rating: 23/100
-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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