B. LARSEN HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About B. LARSEN HOLDING A/S
B. LARSEN HOLDING A/S (CVR number: 25133935) is a company from BRØNDBY. The company recorded a gross profit of -22 kDKK in 2023. The operating profit was -22 kDKK, while net earnings were 486.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.2 %, which can be considered decent and Return on Equity (ROE) was 6.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 82.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. B. LARSEN HOLDING A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | - 939.72 | -2 741.94 | 3 403.46 | ||
Gross profit | - 943.47 | -2 757.19 | 3 395.59 | 19.21 | -22.00 |
EBIT | - 943.47 | -2 757.19 | 3 395.59 | 19.21 | -22.00 |
Net earnings | - 969.31 | -2 774.89 | 3 414.21 | 541.26 | 486.83 |
Shareholders equity total | 5 679.05 | 2 904.16 | 6 318.36 | 6 859.62 | 7 346.45 |
Balance sheet total (assets) | 7 189.22 | 4 459.24 | 7 831.33 | 8 389.01 | 8 922.17 |
Net debt | 1 477.07 | 1 517.68 | 1 479.64 | 1 456.40 | 1 537.88 |
Profitability | |||||
EBIT-% | 99.8 % | ||||
ROA | -10.3 % | -46.9 % | 55.3 % | 7.1 % | 6.2 % |
ROE | -13.2 % | -64.7 % | 74.0 % | 8.2 % | 6.9 % |
ROI | -10.3 % | -46.9 % | 55.4 % | 7.2 % | 6.3 % |
Economic value added (EVA) | - 495.53 | -2 571.12 | 3 463.05 | 233.75 | 225.06 |
Solvency | |||||
Equity ratio | 79.0 % | 65.1 % | 80.7 % | 81.8 % | 82.3 % |
Gearing | 26.5 % | 53.3 % | 23.7 % | 21.7 % | 21.0 % |
Relative net indebtedness % | -157.8 % | -55.6 % | 43.9 % | ||
Liquidity | |||||
Quick ratio | 0.6 | 0.6 | 0.6 | 0.7 | 0.7 |
Current ratio | 0.6 | 0.6 | 0.6 | 0.7 | 0.7 |
Cash and cash equivalents | 26.85 | 29.91 | 17.95 | 35.15 | 2.90 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 59.2 % | 21.5 % | -17.0 % | ||
Credit risk | |||||
Credit rating | BBB | BB | A | A | A |
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