MICHAEL R. LARSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 33777132
Nørhaven 2, Over Draaby 3630 Jægerspris
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Company information

Official name
MICHAEL R. LARSEN HOLDING ApS
Established
2011
Domicile
Over Draaby
Company form
Private limited company
Industry

About MICHAEL R. LARSEN HOLDING ApS

MICHAEL R. LARSEN HOLDING ApS (CVR number: 33777132) is a company from FREDERIKSSUND. The company recorded a gross profit of -10.2 kDKK in 2024. The operating profit was -10.2 kDKK, while net earnings were 902 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent and Return on Equity (ROE) was 7.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 56.2 %, 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. MICHAEL R. LARSEN HOLDING 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 profit-8.00-10.00-9.00-10.00-10.24
EBIT-8.00-10.00-9.00-10.00-10.24
Net earnings830.002 883.00126.00901.00902.00
Shareholders equity total8 604.0011 374.0011 385.0012 169.0012 949.06
Balance sheet total (assets)12 362.0015 212.0015 829.0016 685.0023 054.81
Net debt- 261.00- 492.00- 142.00- 299.006 267.59
Profitability
EBIT-%
ROA7.7 %21.9 %1.5 %6.1 %5.3 %
ROE10.3 %28.9 %1.1 %7.7 %7.2 %
ROI7.7 %25.4 %2.0 %8.2 %6.6 %
Economic value added (EVA)- 386.18- 441.87- 580.54- 604.49- 642.03
Solvency
Equity ratio69.6 %74.8 %71.9 %72.9 %56.2 %
Gearing3.8 %3.8 %50.1 %
Relative net indebtedness %
Liquidity
Quick ratio22.446.11.31.60.1
Current ratio22.446.11.31.60.1
Cash and cash equivalents261.00492.00580.00762.00215.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:5.33%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.2%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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