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LARS BANK HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29309795
Maribovej 18, 7100 Vejle
Free credit report Annual report

Company information

Official name
LARS BANK HOLDING ApS
Established
2006
Company form
Private limited company
Industry

About LARS BANK HOLDING ApS

LARS BANK HOLDING ApS (CVR number: 29309795) is a company from VEJLE. The company recorded a gross profit of -9.3 kDKK in 2024. The operating profit was -9.3 kDKK, while net earnings were 257.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak and Return on Equity (ROE) was 1.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 97.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LARS BANK HOLDING ApS's liquidity measured by quick ratio was 18.2 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-4.81-4.88-5.25-5.25-9.26
EBIT-4.81-4.88-5.25-5.25-9.26
Net earnings581.18574.871 374.44473.72257.49
Shareholders equity total14 812.5015 277.3715 737.8115 911.5315 591.02
Balance sheet total (assets)14 815.0715 292.9315 746.2715 948.3415 967.44
Net debt- 586.64- 672.77- 440.04-1 633.02-1 515.89
Profitability
EBIT-%
ROA4.2 %4.0 %9.1 %3.4 %2.1 %
ROE4.0 %3.8 %8.9 %3.0 %1.6 %
ROI4.2 %4.0 %9.1 %3.4 %2.1 %
Economic value added (EVA)- 724.41- 748.13- 771.85- 794.98- 806.78
Solvency
Equity ratio100.0 %99.9 %99.9 %99.8 %97.6 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1 386.7266.5401.8182.518.2
Current ratio1 386.7266.5401.8182.518.2
Cash and cash equivalents586.64672.77440.041 633.021 515.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:2.08%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.6%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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