VAGN LARSEN, RANDERS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About VAGN LARSEN, RANDERS ApS
VAGN LARSEN, RANDERS ApS (CVR number: 30689364) is a company from RANDERS. The company recorded a gross profit of 331.2 kDKK in 2023. The operating profit was -582.5 kDKK, while net earnings were -1966.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -76.1 %, which can be considered poor and Return on Equity (ROE) was -101.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. VAGN LARSEN, RANDERS ApS's liquidity measured by quick ratio was 1.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 265.08 | 1 614.09 | 1 813.84 | 1 084.74 | 331.16 |
EBIT | -98.65 | - 630.07 | - 335.25 | - 914.11 | - 582.54 |
Net earnings | 241.30 | - 575.13 | 252.48 | -1 356.25 | -1 966.75 |
Shareholders equity total | 4 858.91 | 4 283.78 | 4 536.26 | 2 987.61 | 903.06 |
Balance sheet total (assets) | 5 374.41 | 5 578.76 | 6 060.54 | 3 758.86 | 1 285.72 |
Net debt | - 269.30 | - 929.41 | - 481.04 | - 309.96 | - 166.98 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.9 % | -12.2 % | 4.9 % | -16.8 % | -76.1 % |
ROE | 4.9 % | -12.6 % | 5.7 % | -36.1 % | -101.1 % |
ROI | 8.6 % | -14.3 % | 6.4 % | -21.7 % | -98.6 % |
Economic value added (EVA) | - 247.46 | - 665.88 | - 389.20 | - 752.37 | - 633.37 |
Solvency | |||||
Equity ratio | 90.4 % | 76.8 % | 74.8 % | 79.5 % | 70.2 % |
Gearing | 0.5 % | 0.3 % | 0.0 % | 0.0 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 7.7 | 3.1 | 2.6 | 3.1 | 1.4 |
Current ratio | 9.3 | 3.7 | 3.1 | 3.7 | 2.3 |
Cash and cash equivalents | 295.91 | 941.61 | 482.80 | 309.96 | 167.29 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | A | BBB | BBB |
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