L & G Larsen ApS — Credit Rating and Financial Key Figures

CVR number: 36028017
Annasholmsgade 27 G, 5000 Odense C
logglarsen@gmail.com
tel: 62661848

Credit rating

Company information

Official name
L & G Larsen ApS
Established
2014
Company form
Private limited company
Industry

About L & G Larsen ApS

L & G Larsen ApS (CVR number: 36028017) is a company from ODENSE. The company recorded a gross profit of 523 kDKK in 2024. The operating profit was 435.7 kDKK, while net earnings were 35.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.5 %, which can be considered weak and Return on Equity (ROE) was 0.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 26.6 %, 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. L & G Larsen ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit600.66370.19343.19725.90522.98
EBIT600.66370.19343.19725.90435.68
Net earnings268.55404.741 159.24326.0535.54
Shareholders equity total9 452.939 857.674 292.834 618.884 653.66
Balance sheet total (assets)19 725.0220 091.1314 358.1117 521.8817 465.43
Net debt9 288.699 284.999 210.0311 775.6711 616.06
Profitability
EBIT-%
ROA3.1 %3.2 %8.1 %4.6 %2.5 %
ROE2.9 %4.2 %16.4 %7.3 %0.8 %
ROI3.3 %3.4 %8.5 %4.8 %2.6 %
Economic value added (EVA)- 492.65- 615.26- 631.09- 140.97- 530.12
Solvency
Equity ratio47.9 %49.1 %29.9 %26.4 %26.6 %
Gearing98.7 %94.8 %214.5 %255.2 %249.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.00.0
Current ratio0.00.00.00.00.0
Cash and cash equivalents37.6858.1710.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:2.49%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.6%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer
Board member

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