LARSEN A/S — Credit Rating and Financial Key Figures

CVR number: 25160924
Sdr. Højrupvejen 130, Havndrup 5750 Ringe
finans@larsendk.dk
tel: 65982266

Credit rating

Company information

Official name
LARSEN A/S
Personnel
13 persons
Established
1999
Domicile
Havndrup
Company form
Limited company
Industry
  • Expand more icon468600

About LARSEN A/S

LARSEN A/S (CVR number: 25160924) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 5965.9 kDKK in 2023. The operating profit was 861.9 kDKK, while net earnings were 166.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.9 %, which can be considered good but Return on Equity (ROE) was 5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 49.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. LARSEN A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit5 495.007 440.006 022.008 114.005 965.87
EBIT1 264.001 712.00278.002 168.00861.95
Net earnings766.001 181.0027.001 325.00166.33
Shareholders equity total2 272.002 853.001 814.003 291.003 371.18
Balance sheet total (assets)8 588.009 431.0011 196.0011 080.006 752.06
Net debt4 040.00440.004 597.004 882.002 253.07
Profitability
EBIT-%
ROA19.0 %21.1 %4.1 %21.8 %13.9 %
ROE33.3 %46.1 %1.2 %51.9 %5.0 %
ROI25.0 %36.9 %8.5 %33.1 %17.7 %
Economic value added (EVA)863.231 220.0962.061 686.84457.97
Solvency
Equity ratio26.5 %30.3 %16.2 %29.7 %49.9 %
Gearing182.9 %21.0 %256.3 %150.0 %69.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.81.11.01.4
Current ratio1.11.11.31.42.1
Cash and cash equivalents116.00160.0052.0054.0093.74
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:13.9%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.9%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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