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LARSEN STRINGS A/S — Credit Rating and Financial Key Figures

CVR number: 18623749
Ingolf Nielsens Vej 14 A, 6400 Sønderborg
tel: 74431760
Free credit report Annual report

Company information

Official name
LARSEN STRINGS A/S
Personnel
33 persons
Established
1995
Company form
Limited company
Industry

About LARSEN STRINGS A/S

LARSEN STRINGS A/S (CVR number: 18623749) is a company from SØNDERBORG. The company recorded a gross profit of 31.7 mDKK in 2025. The operating profit was 2003.9 kDKK, while net earnings were 1912.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak and Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 64.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. LARSEN STRINGS A/S's liquidity measured by quick ratio was 0.2 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
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit27 595.9829 727.1830 708.7431 437.2631 734.34
EBIT10 140.888 686.968 115.157 533.222 003.95
Net earnings8 898.737 469.546 428.595 741.901 912.39
Shareholders equity total47 734.4545 204.0049 632.5853 374.4853 286.87
Balance sheet total (assets)55 960.1560 954.7568 432.3476 525.8583 048.93
Net debt- 995.306 124.948 408.1615 288.3319 593.02
Profitability
EBIT-%
ROA20.6 %16.5 %13.6 %11.4 %3.4 %
ROE20.1 %16.1 %13.6 %11.1 %3.6 %
ROI23.3 %18.8 %15.5 %12.6 %3.7 %
Economic value added (EVA)5 612.634 311.133 640.182 781.90-1 893.45
Solvency
Equity ratio85.3 %74.2 %72.5 %69.7 %64.2 %
Gearing0.0 %13.6 %18.5 %28.7 %37.7 %
Relative net indebtedness %
Liquidity
Quick ratio2.40.50.20.10.2
Current ratio4.01.61.21.00.8
Cash and cash equivalents1 019.0623.27798.559.14490.67
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:3.39%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:64.2%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
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Roles

Companies in the same industry

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