KAJ LARSEN A/S — Credit Rating and Financial Key Figures

CVR number: 53912419
Vangen 6, 4500 Nykøbing Sj

Company information

Official name
KAJ LARSEN A/S
Personnel
89 persons
Established
1975
Company form
Limited company
Industry

About KAJ LARSEN A/S

KAJ LARSEN A/S (CVR number: 53912419) is a company from ODSHERRED. The company reported a net sales of 124.6 mDKK in 2023, demonstrating a decline of -46.7 % compared to the previous year. The operating profit percentage was at 1.3 % (EBIT: 1.7 mDKK), while net earnings were 382.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.2 %, which can be considered weak and Return on Equity (ROE) was 2.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 27.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. KAJ LARSEN A/S's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales73.19102.18125.76233.76124.63
Gross profit29.2139.5153.3277.3753.26
EBIT5.155.997.9817.991.67
Net earnings3.153.615.4413.070.38
Shareholders equity total10.1214.3310.2820.4513.33
Balance sheet total (assets)31.4148.8856.1474.7250.07
Net debt4.082.6615.70-7.54-3.30
Profitability
EBIT-%7.0 %5.9 %6.3 %7.7 %1.3 %
ROA16.1 %14.9 %15.6 %28.4 %3.2 %
ROE32.9 %29.5 %44.2 %85.1 %2.3 %
ROI30.1 %27.5 %26.8 %55.4 %6.7 %
Economic value added (EVA)3.343.985.8713.500.73
Solvency
Equity ratio32.2 %29.3 %18.3 %27.4 %27.9 %
Gearing44.6 %48.7 %152.9 %26.9 %38.8 %
Relative net indebtedness %27.4 %28.6 %35.5 %17.0 %21.4 %
Liquidity
Quick ratio1.31.21.01.21.1
Current ratio1.41.31.11.41.2
Cash and cash equivalents0.434.320.0213.058.47
Capital use efficiency
Trade debtors turnover (days)52.940.362.329.238.8
Net working capital %8.4 %6.5 %3.0 %6.2 %4.3 %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:3.22%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.9%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board
Board member
Board member

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