K.E. LARSEN HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 26208149
Jernholmen 42 A, 2650 Hvidovre
tel: 36342910

Company information

Official name
K.E. LARSEN HOLDING A/S
Established
2001
Company form
Limited company
Industry

About K.E. LARSEN HOLDING A/S

K.E. LARSEN HOLDING A/S (CVR number: 26208149) is a company from HVIDOVRE. The company recorded a gross profit of -11.2 kDKK in 2024. The operating profit was -11.2 kDKK, while net earnings were 2093.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 71.4 %, which can be considered excellent and Return on Equity (ROE) was 163.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 55.3 %, 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. K.E. LARSEN HOLDING A/S's liquidity measured by quick ratio was 2.2 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 sales47.60
Gross profit45.35-1.25-7.50-10.75-11.15
EBIT45.35-1.25-7.50-10.75-11.15
Net earnings45.5073.73- 176.81- 438.952 093.28
Shareholders equity total775.02848.33671.69232.732 326.01
Balance sheet total (assets)2 506.122 580.682 411.541 983.344 204.09
Net debt1 451.731 452.991 454.071.030.19
Profitability
EBIT-%95.3 %
ROA1.8 %2.9 %-7.1 %-20.0 %71.4 %
ROE6.3 %9.1 %-23.3 %-97.1 %163.6 %
ROI2.1 %3.3 %-8.0 %-37.2 %172.6 %
Economic value added (EVA)-62.17- 113.18- 123.17- 117.60-22.93
Solvency
Equity ratio30.9 %32.9 %27.9 %11.7 %55.3 %
Gearing187.4 %171.4 %216.6 %0.7 %0.0 %
Relative net indebtedness %3635.6 %
Liquidity
Quick ratio0.00.00.00.02.2
Current ratio0.00.00.00.02.2
Cash and cash equivalents0.680.670.590.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-3635.6 %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:71.4%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.3%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member

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