C. O. LARSEN FORMUEFORVALTNING ApS — Credit Rating and Financial Key Figures

CVR number: 31496373
Hegely 33, 9320 Hjallerup

Credit rating

Company information

Official name
C. O. LARSEN FORMUEFORVALTNING ApS
Established
2008
Company form
Private limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

About C. O. LARSEN FORMUEFORVALTNING ApS

C. O. LARSEN FORMUEFORVALTNING ApS (CVR number: 31496373) is a company from Brønderslev. The company recorded a gross profit of -5.2 kDKK in 2023. The operating profit was -5.2 kDKK, while net earnings were 21.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak and Return on Equity (ROE) was 1.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. C. O. LARSEN FORMUEFORVALTNING ApS's liquidity measured by quick ratio was 111.2 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-14.35-11.12-10.49-7.02-5.22
EBIT-14.35-11.12-10.49-7.02-5.22
Net earnings-45.15128.03-85.563.8121.06
Shareholders equity total2 551.202 449.232 063.671 767.481 588.54
Balance sheet total (assets)2 551.202 459.972 063.671 768.921 592.03
Net debt-1 323.14-1 256.21- 827.96- 530.34- 364.85
Profitability
EBIT-%
ROA1.2 %6.6 %1.1 %0.3 %1.6 %
ROE-1.7 %5.1 %-3.8 %0.2 %1.3 %
ROI1.2 %6.6 %1.1 %0.3 %1.6 %
Economic value added (EVA)-67.76-70.38-68.13-69.12-66.16
Solvency
Equity ratio100.0 %99.6 %100.0 %99.9 %99.8 %
Gearing0.1 %
Relative net indebtedness %
Liquidity
Quick ratio117.0391.7111.2
Current ratio117.0391.7111.2
Cash and cash equivalents1 323.141 256.21827.96531.79364.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBA

Variable visualization

ROA:1.61%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 97/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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