KARSTEN WINTHER LARSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31088445
Kildevældsvej 8, 9000 Aalborg

Credit rating

Company information

Official name
KARSTEN WINTHER LARSEN HOLDING ApS
Personnel
1 person
Established
2007
Company form
Private limited company
Industry

About KARSTEN WINTHER LARSEN HOLDING ApS

KARSTEN WINTHER LARSEN HOLDING ApS (CVR number: 31088445) is a company from AALBORG. The company recorded a gross profit of 71.5 kDKK in 2023. The operating profit was -534.2 kDKK, while net earnings were -799.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.7 %, which can be considered poor and Return on Equity (ROE) was -13.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KARSTEN WINTHER LARSEN HOLDING ApS's liquidity measured by quick ratio was 36.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit273.12225.72- 250.66- 115.5871.45
EBIT189.01- 255.77- 372.82- 245.33- 534.18
Net earnings171.19- 369.70- 305.24- 217.49- 799.84
Shareholders equity total7 614.587 124.886 694.646 352.155 427.31
Balance sheet total (assets)13 737.757 947.816 959.646 627.005 545.01
Net debt-2 140.57-4 413.79-3 486.66-2 245.28-3 138.94
Profitability
EBIT-%
ROA2.1 %-2.2 %-4.8 %-3.6 %-8.7 %
ROE2.3 %-5.0 %-4.4 %-3.3 %-13.6 %
ROI2.3 %-2.5 %-5.2 %-3.7 %-9.0 %
Economic value added (EVA)- 106.39- 349.33- 435.67- 360.69- 583.90
Solvency
Equity ratio55.4 %89.6 %96.2 %95.9 %97.9 %
Gearing54.3 %0.5 %0.5 %0.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.15.914.813.336.1
Current ratio1.15.914.813.336.1
Cash and cash equivalents6 273.354 413.793 518.572 279.953 179.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:-8.74%
Rating: 11/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.9%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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