LARSEN & KAA ApS — Credit Rating and Financial Key Figures

CVR number: 31156440
Strandskadevej 9, 2650 Hvidovre
tel: 49222232

Credit rating

Company information

Official name
LARSEN & KAA ApS
Established
2007
Company form
Private limited company
Industry

About LARSEN & KAA ApS

LARSEN & KAA ApS (CVR number: 31156440) is a company from HVIDOVRE. The company recorded a gross profit of 362.5 kDKK in 2024. The operating profit was 209.1 kDKK, while net earnings were 73.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent but Return on Equity (ROE) was 3.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 57.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. LARSEN & KAA ApS's liquidity measured by quick ratio was 0.1 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit699.84654.72668.32712.73362.47
EBIT538.53493.41507.01551.42209.13
Net earnings370.53344.13362.52445.5673.88
Shareholders equity total927.531 271.661 634.182 079.742 153.61
Balance sheet total (assets)4 794.364 599.454 491.714 451.944 176.06
Net debt3 326.803 079.992 501.911 983.621 307.76
Profitability
EBIT-%
ROA11.2 %10.5 %11.2 %12.3 %4.8 %
ROE49.9 %31.3 %25.0 %24.0 %3.5 %
ROI12.1 %11.4 %11.9 %13.2 %5.5 %
Economic value added (EVA)224.56194.52205.52287.08-23.25
Solvency
Equity ratio19.4 %27.8 %36.4 %46.7 %57.4 %
Gearing366.6 %242.2 %153.6 %101.2 %60.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.20.20.50.1
Current ratio0.20.20.20.50.1
Cash and cash equivalents73.948.89121.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:4.85%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.4%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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