Lars Riis Olsen Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Lars Riis Olsen Holding ApS
Lars Riis Olsen Holding ApS (CVR number: 40143785) is a company from AALBORG. The company recorded a gross profit of -8.4 kDKK in 2023. The operating profit was -8.4 kDKK, while net earnings were 1254.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 152.9 %, which can be considered excellent and Return on Equity (ROE) was 215.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78 %, 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. Lars Riis Olsen Holding ApS's liquidity measured by quick ratio was 4.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -0.00 | 0.00 | - 197.47 | -12.88 | -8.38 |
| EBIT | -0.00 | 0.00 | - 197.47 | -12.88 | -8.38 |
| Net earnings | -0.00 | 0.00 | - 204.97 | -23.73 | 1 254.67 |
| Shareholders equity total | 8.50 | 8.50 | - 164.97 | - 188.70 | 1 065.97 |
| Balance sheet total (assets) | 8.50 | 8.50 | 78.00 | 100.81 | 1 366.83 |
| Net debt | -8.50 | -8.50 | 236.97 | 250.70 | -1 071.97 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -0.0 % | 0.0 % | -157.1 % | -4.7 % | 152.9 % |
| ROE | -0.0 % | 0.0 % | -473.9 % | -26.5 % | 215.1 % |
| ROI | -0.0 % | 0.0 % | -160.9 % | -4.8 % | 154.0 % |
| Economic value added (EVA) | -0.00 | 0.00 | - 197.47 | -4.08 | 2.76 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | -67.9 % | -65.2 % | 78.0 % |
| Gearing | -143.6 % | -150.2 % | 27.7 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.1 | 4.5 | |||
| Current ratio | 0.1 | 4.5 | |||
| Cash and cash equivalents | 8.50 | 8.50 | 32.81 | 1 366.83 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | C | C | C | BB | BBB |
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