LARS WINKEL HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 27301193
Ellehammersvej 12, 7100 Vejle

Company information

Official name
LARS WINKEL HOLDING ApS
Established
2003
Company form
Private limited company
Industry

About LARS WINKEL HOLDING ApS

LARS WINKEL HOLDING ApS (CVR number: 27301193) is a company from VEJLE. The company reported a net sales of 2.3 mDKK in 2023, demonstrating a decline of -26.3 % compared to the previous year. The operating profit percentage was at 99.1 % (EBIT: 2.3 mDKK), while net earnings were 2860.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.9 %, which can be considered excellent and Return on Equity (ROE) was 17.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LARS WINKEL HOLDING ApS's liquidity measured by quick ratio was 88.7 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales807.461 851.972 012.883 139.332 312.65
Gross profit796.771 841.402 000.693 124.592 292.62
EBIT796.771 841.402 000.693 124.592 292.62
Net earnings1 221.172 349.202 296.323 019.852 860.84
Shareholders equity total8 420.5310 659.1411 755.4514 661.1017 221.94
Balance sheet total (assets)8 428.5310 759.2211 837.6714 669.1017 314.22
Net debt-2 947.44-4 236.60-3 695.91-4 032.25-8 159.11
Profitability
EBIT-%98.7 %99.4 %99.4 %99.5 %99.1 %
ROA15.8 %26.1 %21.1 %24.6 %18.9 %
ROE15.5 %24.6 %20.5 %22.9 %17.9 %
ROI15.9 %26.2 %21.3 %24.7 %18.9 %
Economic value added (EVA)687.551 677.081 983.143 239.622 381.72
Solvency
Equity ratio99.9 %99.1 %99.3 %99.9 %99.5 %
Gearing
Relative net indebtedness %-364.0 %-223.4 %-179.5 %-128.2 %-348.8 %
Liquidity
Quick ratio758.868.481.1888.388.7
Current ratio758.868.481.1888.388.7
Cash and cash equivalents2 947.444 236.603 695.914 032.258 159.11
Capital use efficiency
Trade debtors turnover (days)
Net working capital %496.5 %218.0 %152.0 %121.8 %108.5 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:18.9%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.5%
Rating: 92/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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