V.S. Larsen Malerne A/S — Credit Rating and Financial Key Figures

CVR number: 17846833
Gladsaxe Møllevej 67-69, 2860 Søborg

Credit rating

Company information

Official name
V.S. Larsen Malerne A/S
Personnel
76 persons
Established
1994
Company form
Limited company
Industry

About V.S. Larsen Malerne A/S

V.S. Larsen Malerne A/S (CVR number: 17846833K) is a company from GLADSAXE. The company recorded a gross profit of 49 mDKK in 2022. The operating profit was -83.3 kDKK, while net earnings were 2013.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.4 %, which can be considered decent but Return on Equity (ROE) was 33.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. V.S. Larsen Malerne A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales84 909.70
Gross profit22 123.1849 837.2949 592.8043 002.6248 989.62
EBIT-2 236.38-3 057.39-3 388.22-1 754.23-83.33
Net earnings-1 956.20-2 715.07-3 467.72-1 066.762 013.44
Shareholders equity total2 829.265 114.195 046.485 079.727 093.16
Balance sheet total (assets)33 859.8841 143.9527 217.8025 728.7135 096.15
Net debt14 919.1416 180.20-4 625.33- 575.498 044.36
Profitability
EBIT-%-2.6 %
ROA-4.7 %-8.4 %-11.6 %-5.5 %7.4 %
ROE-51.4 %-68.4 %-68.3 %-21.1 %33.1 %
ROI-9.0 %-15.9 %-24.5 %-17.9 %21.1 %
Economic value added (EVA)-2 230.66-2 263.53-2 789.88-1 235.22- 216.32
Solvency
Equity ratio8.4 %12.4 %18.5 %19.7 %20.2 %
Gearing527.9 %316.9 %113.6 %
Relative net indebtedness %36.4 %
Liquidity
Quick ratio0.91.01.31.01.2
Current ratio0.91.01.41.11.2
Cash and cash equivalents15.8128.174 625.33575.4912.39
Capital use efficiency
Trade debtors turnover (days)80.4
Net working capital %-4.2 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:7.45%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.2%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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