Lars Bang Ejendomme ApS — Credit Rating and Financial Key Figures

CVR number: 39912848
Olsbjergvej 51, 4760 Vordingborg

Company information

Official name
Lars Bang Ejendomme ApS
Established
2018
Company form
Private limited company
Industry

About Lars Bang Ejendomme ApS

Lars Bang Ejendomme ApS (CVR number: 39912848) is a company from VORDINGBORG. The company recorded a gross profit of 559.8 kDKK in 2023. The operating profit was 439.6 kDKK, while net earnings were 100.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, which can be considered decent but Return on Equity (ROE) was 24.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 7.8 %, 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. Lars Bang Ejendomme ApS'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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-10.19258.52364.84468.71559.82
EBIT-10.19258.52364.84349.49439.63
Net earnings- 229.8131.3276.17510.38100.16
Shareholders equity total- 258.01- 226.69- 150.52359.86460.02
Balance sheet total (assets)6 430.145 904.896 181.966 072.625 916.79
Net debt5 477.805 758.235 933.325 140.825 079.39
Profitability
EBIT-%
ROA-0.2 %4.0 %5.9 %15.5 %7.3 %
ROE-5.2 %0.5 %1.3 %15.6 %24.4 %
ROI-0.3 %4.6 %6.2 %16.6 %7.9 %
Economic value added (EVA)- 109.60-73.1221.2620.0895.05
Solvency
Equity ratio-3.9 %-3.7 %-2.4 %5.9 %7.8 %
Gearing-2169.4 %-2540.1 %-4010.5 %1432.0 %1114.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.20.20.20.2
Current ratio0.70.20.20.20.2
Cash and cash equivalents119.62103.1412.4548.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:7.33%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:7.77%
Rating: 8/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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