JØRN LARSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 24240975
Fårupvej 64, 8471 Sabro

Company information

Official name
JØRN LARSEN HOLDING ApS
Established
1999
Company form
Private limited company
Industry

About JØRN LARSEN HOLDING ApS

JØRN LARSEN HOLDING ApS (CVR number: 24240975) is a company from AARHUS. The company recorded a gross profit of 3000.8 kDKK in 2023. The operating profit was 3000.8 kDKK, while net earnings were 4711.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.9 %, which can be considered excellent and Return on Equity (ROE) was 41.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.1 %, 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. JØRN LARSEN HOLDING ApS's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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-10.63- 591.81-49.02-11.003 000.78
EBIT-10.63- 591.81-3 509.29-11.003 000.78
Net earnings-6 512.09-5 630.07- 946.841 866.704 711.78
Shareholders equity total-2 315.83-1 445.90-2 392.74- 526.044 185.74
Balance sheet total (assets)17 131.8915 970.3315 727.1018 467.6620 869.26
Net debt18 316.1716 381.9517 123.2318 012.3414 456.88
Profitability
EBIT-%
ROA-19.4 %-25.5 %-5.3 %14.9 %31.9 %
ROE-36.9 %-34.0 %-6.0 %10.9 %41.6 %
ROI-19.7 %-25.8 %-5.4 %14.9 %33.0 %
Economic value added (EVA)- 190.77- 278.83-2 679.54329.732 456.99
Solvency
Equity ratio-11.9 %-8.3 %-13.2 %-2.8 %20.1 %
Gearing-793.1 %-1134.3 %-715.8 %-3424.5 %345.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.80.70.70.8
Current ratio0.60.80.70.70.8
Cash and cash equivalents49.5819.622.982.0720.97
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBA

Variable visualization

ROA:31.9%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.1%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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