LARS MORTENSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 27956645
Kousgaards Plads 1, 7400 Herning
tel: 97120297

Company information

Official name
LARS MORTENSEN HOLDING ApS
Established
2004
Company form
Private limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
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 earnings232.00633.00-1 275.001 239.00773.67
Shareholders equity total18 146.0018 722.0017 390.0018 570.0019 282.88
Balance sheet total (assets)18 197.0018 760.0017 421.0020 605.0019 505.66
Net debt-1 095.00-1 243.00- 204.00- 189.00- 706.37
Profitability
EBIT-%
ROA2.9 %5.2 %1.7 %8.4 %5.0 %
ROE1.3 %3.4 %-7.1 %6.9 %4.1 %
ROI2.9 %5.2 %1.7 %8.9 %5.2 %
Economic value added (EVA)- 717.25- 947.73- 965.53- 938.21- 993.19
Solvency
Equity ratio99.7 %99.8 %99.8 %90.1 %98.9 %
Gearing0.0 %0.0 %0.0 %0.0 %0.0 %
Relative net indebtedness %4573.9 %1727.1 %1955.6 %
Liquidity
Quick ratio21.635.540.80.24.0
Current ratio21.635.540.80.24.0
Cash and cash equivalents1 103.001 247.00207.00192.00707.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-4573.9 %-1874.3 %-7955.6 %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:4.96%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.9%
Rating: 82/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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