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: 17846833) is a company from GLADSAXE. The company recorded a gross profit of 36.6 mDKK in 2024. The operating profit was -2125.4 kDKK, while net earnings were -2519.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.1 %, which can be considered poor and Return on Equity (ROE) was -45.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 12.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. V.S. Larsen Malerne A/S's liquidity measured by quick ratio was 1.1 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit4 090.814 537.494 395.4644 998.9436 574.24
EBIT- 555.6893.62123.48- 109.42-2 125.41
Net earnings-3 467.72-1 066.762 013.44- 287.87-2 519.79
Shareholders equity total5 046.485 079.727 093.166 805.294 285.50
Balance sheet total (assets)15 770.9314 385.6217 894.0732 039.9235 246.73
Net debt3 849.626 679.469 044.335 134.7912 769.18
Profitability
EBIT-%
ROA-15.0 %-7.4 %13.7 %0.7 %-7.1 %
ROE-68.3 %-21.1 %33.1 %-4.1 %-45.4 %
ROI-16.6 %-8.4 %15.5 %1.2 %-15.5 %
Economic value added (EVA)- 204.18449.70243.76- 144.90-1 976.55
Solvency
Equity ratio32.0 %35.3 %39.6 %21.2 %12.2 %
Gearing167.3 %142.0 %127.6 %75.5 %298.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.61.01.21.1
Current ratio0.80.71.11.21.1
Cash and cash equivalents4 591.23533.317.442.2525.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:-7.09%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:12.2%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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