Ole Larsen ApS — Credit Rating and Financial Key Figures

CVR number: 81565015
Bellisvej 4, 4300 Holbæk
tel: 59437070

Credit rating

Company information

Official name
Ole Larsen ApS
Personnel
3 persons
Established
1977
Company form
Private limited company
Industry

About Ole Larsen ApS

Ole Larsen ApS (CVR number: 81565015) is a company from HOLBÆK. The company recorded a gross profit of 1805.5 kDKK in 2022. The operating profit was -176.4 kDKK, while net earnings were -130.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19.9 %, which can be considered poor and Return on Equity (ROE) was -34.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 42.7 %, 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. Ole Larsen ApS'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
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit1 436.301 488.731 622.081 982.981 805.49
EBIT134.67-54.524.3354.46- 176.42
Net earnings87.92-44.132.2947.10- 130.56
Shareholders equity total436.22392.09394.38441.49310.92
Balance sheet total (assets)995.50870.881 101.62938.33728.89
Net debt- 154.56- 524.13- 281.56- 179.47- 120.62
Profitability
EBIT-%
ROA14.4 %-5.2 %0.7 %6.1 %-19.9 %
ROE17.9 %-10.7 %0.6 %11.3 %-34.7 %
ROI30.4 %-11.7 %1.9 %12.9 %-33.6 %
Economic value added (EVA)86.98-56.8810.9636.49- 144.19
Solvency
Equity ratio43.8 %45.0 %35.8 %47.0 %42.7 %
Gearing30.1 %33.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.71.51.61.4
Current ratio1.61.71.51.71.4
Cash and cash equivalents154.56524.13281.56312.22225.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-19.9%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.7%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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