K.E. LARSEN HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 47.60 | ||||
Gross profit | 45.35 | -1.25 | -7.50 | -10.75 | -11.15 |
EBIT | 45.35 | -1.25 | -7.50 | -10.75 | -11.15 |
Net earnings | 45.50 | 73.73 | - 176.81 | - 438.95 | 2 093.28 |
Shareholders equity total | 775.02 | 848.33 | 671.69 | 232.73 | 2 326.01 |
Balance sheet total (assets) | 2 506.12 | 2 580.68 | 2 411.54 | 1 983.34 | 4 204.09 |
Net debt | 1 451.73 | 1 452.99 | 1 454.07 | 1.03 | 0.19 |
Profitability | |||||
EBIT-% | 95.3 % | ||||
ROA | 1.8 % | 2.9 % | -7.1 % | -20.0 % | 71.4 % |
ROE | 6.3 % | 9.1 % | -23.3 % | -97.1 % | 163.6 % |
ROI | 2.1 % | 3.3 % | -8.0 % | -37.2 % | 172.6 % |
Economic value added (EVA) | -62.17 | - 113.18 | - 123.17 | - 117.60 | -22.93 |
Solvency | |||||
Equity ratio | 30.9 % | 32.9 % | 27.9 % | 11.7 % | 55.3 % |
Gearing | 187.4 % | 171.4 % | 216.6 % | 0.7 % | 0.0 % |
Relative net indebtedness % | 3635.6 % | ||||
Liquidity | |||||
Quick ratio | 0.0 | 0.0 | 0.0 | 0.0 | 2.2 |
Current ratio | 0.0 | 0.0 | 0.0 | 0.0 | 2.2 |
Cash and cash equivalents | 0.68 | 0.67 | 0.59 | 0.59 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -3635.6 % | ||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BB |
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