Lars Kjeldgaard Holding ApS — Credit Rating and Financial Key Figures

CVR number: 39162407
Langtvedvej 8, 9300 Sæby

Company information

Official name
Lars Kjeldgaard Holding ApS
Established
2017
Company form
Private limited company
Industry

About Lars Kjeldgaard Holding ApS

Lars Kjeldgaard Holding ApS (CVR number: 39162407) is a company from FREDERIKSHAVN. The company reported a net sales of 1.5 mDKK in 2023, demonstrating a growth of 58 % compared to the previous year. The operating profit percentage was at 117.1 % (EBIT: 1.7 mDKK), while net earnings were 1721.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33.4 %, which can be considered excellent and Return on Equity (ROE) was 34.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 92.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Lars Kjeldgaard Holding ApS's liquidity measured by quick ratio was 7.5 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales417.00733.861 307.95935.331 477.54
Gross profit540.77882.961 498.761 120.141 983.78
EBIT418.75747.921 335.58940.291 730.52
Net earnings415.97737.471 338.84953.651 721.39
Shareholders equity total1 523.342 205.513 487.844 384.295 605.69
Balance sheet total (assets)1 749.042 451.703 930.194 704.166 083.95
Net debt47.82-84.4148.5542.43- 123.59
Profitability
EBIT-%100.4 %101.9 %102.1 %100.5 %117.1 %
ROA24.5 %36.0 %42.5 %22.6 %33.4 %
ROE31.0 %39.6 %47.0 %24.2 %34.5 %
ROI27.3 %38.9 %46.4 %24.3 %35.4 %
Economic value added (EVA)431.38737.221 344.55918.011 565.66
Solvency
Equity ratio87.1 %90.0 %88.7 %93.2 %92.1 %
Gearing3.2 %2.4 %1.5 %1.2 %1.0 %
Relative net indebtedness %48.1 %10.7 %31.7 %31.5 %14.5 %
Liquidity
Quick ratio1.82.83.99.17.5
Current ratio1.82.83.99.17.5
Cash and cash equivalents0.35137.585.4111.53177.55
Capital use efficiency
Trade debtors turnover (days)
Net working capital %39.1 %52.6 %92.8 %265.7 %171.7 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:33.4%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.1%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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