KENNETH LAURITZEN ApS — Credit Rating and Financial Key Figures

CVR number: 32359930
Buddingevej 195, 2860 Søborg
tel: 39478484

Credit rating

Company information

Official name
KENNETH LAURITZEN ApS
Personnel
48 persons
Established
2009
Company form
Private limited company
Industry

About KENNETH LAURITZEN ApS

KENNETH LAURITZEN ApS (CVR number: 32359930) is a company from GLADSAXE. The company recorded a gross profit of 5333.8 kDKK in 2024. The operating profit was -86.2 kDKK, while net earnings were -103.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.4 %, which can be considered poor and Return on Equity (ROE) was -27.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 12.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. KENNETH LAURITZEN ApS's liquidity measured by quick ratio was 0.4 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 profit2 223.002 284.002 131.005 160.005 333.78
EBIT452.00214.00-71.00284.00-86.19
Net earnings415.00159.00-76.00227.00- 103.89
Shareholders equity total125.00283.00208.00434.00330.60
Balance sheet total (assets)1 038.001 563.001 043.003 177.002 751.33
Net debt-12.00- 572.00-37.00- 736.00- 445.40
Profitability
EBIT-%
ROA42.6 %16.5 %-5.4 %14.4 %-2.4 %
ROE90.5 %77.9 %-31.0 %70.7 %-27.2 %
ROI717.5 %101.9 %-28.2 %82.8 %-15.2 %
Economic value added (EVA)441.91160.51-70.45211.09-94.18
Solvency
Equity ratio12.1 %18.2 %20.0 %13.8 %12.1 %
Gearing19.4 %26.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.70.40.60.4
Current ratio1.11.21.21.21.1
Cash and cash equivalents12.00572.0037.00820.00533.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-2.43%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:12.1%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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