LARS MORTENSEN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LARS MORTENSEN HOLDING ApS
LARS MORTENSEN HOLDING ApS (CVR number: 27956645) is a company from HERNING. The company recorded a gross profit of -66.8 kDKK in 2024. The operating profit was -89.4 kDKK, while net earnings were 773.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent and Return on Equity (ROE) was 4.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 98.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LARS MORTENSEN HOLDING ApS's liquidity measured by quick ratio was 4 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | -23.00 | -70.00 | -9.00 | ||
Gross profit | -99.00 | - 152.00 | - 102.00 | -74.00 | -66.82 |
EBIT | -99.00 | - 152.00 | - 116.00 | -96.00 | -89.44 |
Net earnings | 232.00 | 633.00 | -1 275.00 | 1 239.00 | 773.67 |
Shareholders equity total | 18 146.00 | 18 722.00 | 17 390.00 | 18 570.00 | 19 282.88 |
Balance sheet total (assets) | 18 197.00 | 18 760.00 | 17 421.00 | 20 605.00 | 19 505.66 |
Net debt | -1 095.00 | -1 243.00 | - 204.00 | - 189.00 | - 706.37 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.9 % | 5.2 % | 1.7 % | 8.4 % | 5.0 % |
ROE | 1.3 % | 3.4 % | -7.1 % | 6.9 % | 4.1 % |
ROI | 2.9 % | 5.2 % | 1.7 % | 8.9 % | 5.2 % |
Economic value added (EVA) | - 717.25 | - 947.73 | - 965.53 | - 938.21 | - 993.19 |
Solvency | |||||
Equity ratio | 99.7 % | 99.8 % | 99.8 % | 90.1 % | 98.9 % |
Gearing | 0.0 % | 0.0 % | 0.0 % | 0.0 % | 0.0 % |
Relative net indebtedness % | 4573.9 % | 1727.1 % | 1955.6 % | ||
Liquidity | |||||
Quick ratio | 21.6 | 35.5 | 40.8 | 0.2 | 4.0 |
Current ratio | 21.6 | 35.5 | 40.8 | 0.2 | 4.0 |
Cash and cash equivalents | 1 103.00 | 1 247.00 | 207.00 | 192.00 | 707.71 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -4573.9 % | -1874.3 % | -7955.6 % | ||
Credit risk | |||||
Credit rating | A | A | BBB | A | A |
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