VAGN LARSEN, RANDERS ApS — Credit Rating and Financial Key Figures

CVR number: 30689364
Fåborgvej 23, 8940 Randers SV
pc@ccchristensen.dk
tel: 22444345

Credit rating

Company information

Official name
VAGN LARSEN, RANDERS ApS
Personnel
3 persons
Established
2007
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 265.081 614.091 813.841 084.74331.16
EBIT-98.65- 630.07- 335.25- 914.11- 582.54
Net earnings241.30- 575.13252.48-1 356.25-1 966.75
Shareholders equity total4 858.914 283.784 536.262 987.61903.06
Balance sheet total (assets)5 374.415 578.766 060.543 758.861 285.72
Net debt- 269.30- 929.41- 481.04- 309.96- 166.98
Profitability
EBIT-%
ROA7.9 %-12.2 %4.9 %-16.8 %-76.1 %
ROE4.9 %-12.6 %5.7 %-36.1 %-101.1 %
ROI8.6 %-14.3 %6.4 %-21.7 %-98.6 %
Economic value added (EVA)- 247.46- 665.88- 389.20- 752.37- 633.37
Solvency
Equity ratio90.4 %76.8 %74.8 %79.5 %70.2 %
Gearing0.5 %0.3 %0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio7.73.12.63.11.4
Current ratio9.33.73.13.72.3
Cash and cash equivalents295.91941.61482.80309.96167.29
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBABBBBBB

Variable visualization

ROA:-76.1%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.2%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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