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JØRN LARSEN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About JØRN LARSEN HOLDING ApS
JØRN LARSEN HOLDING ApS (CVR number: 24240975) is a company from AARHUS. The company recorded a gross profit of -16.2 kDKK in 2025. The operating profit was -16.2 kDKK, while net earnings were -722.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good but Return on Equity (ROE) was -12.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.6 %, 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 0.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -49.02 | -11.00 | 3 000.78 | -9.50 | -16.25 |
| EBIT | -3 509.29 | -11.00 | 3 000.78 | -9.50 | -16.25 |
| Net earnings | - 946.84 | 1 866.70 | 4 711.78 | 1 823.74 | - 722.21 |
| Shareholders equity total | -2 392.74 | - 526.04 | 4 185.74 | 6 009.48 | 5 287.27 |
| Balance sheet total (assets) | 15 727.10 | 18 467.66 | 20 869.26 | 23 242.19 | 23 344.07 |
| Net debt | 17 123.23 | 18 012.34 | 14 456.88 | 14 907.56 | 16 590.54 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -5.3 % | 14.9 % | 31.9 % | 12.3 % | 8.3 % |
| ROE | -6.0 % | 10.9 % | 41.6 % | 35.8 % | -12.8 % |
| ROI | -5.4 % | 14.9 % | 33.0 % | 13.0 % | 8.6 % |
| Economic value added (EVA) | -3 665.61 | - 793.69 | 1 203.22 | - 995.49 | -1 123.05 |
| Solvency | |||||
| Equity ratio | -13.2 % | -2.8 % | 20.1 % | 25.9 % | 22.6 % |
| Gearing | -715.8 % | -3424.5 % | 345.9 % | 248.3 % | 313.8 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.7 | 0.7 | 0.8 | 0.8 | 0.7 |
| Current ratio | 0.7 | 0.7 | 0.8 | 0.8 | 0.7 |
| Cash and cash equivalents | 2.98 | 2.07 | 20.97 | 11.29 | 1.75 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BBB | BBB | BBB | A |
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