Lars-Erik Houmann Christensen A/S — Credit Rating and Financial Key Figures

CVR number: 12078773
Nytorv 9, 1450 København K
tel: 70200235

Company information

Official name
Lars-Erik Houmann Christensen A/S
Personnel
3 persons
Established
1988
Company form
Limited company
Industry

About Lars-Erik Houmann Christensen A/S

Lars-Erik Houmann Christensen A/S (CVR number: 12078773) is a company from KØBENHAVN. The company recorded a gross profit of -1338.3 kDKK in 2023. The operating profit was -1504.4 kDKK, while net earnings were 92.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 23.4 %, which can be considered excellent and Return on Equity (ROE) was 22.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 97.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Lars-Erik Houmann Christensen A/S's liquidity measured by quick ratio was 236.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 227.341 858.61- 344.94- 594.00-1 338.34
EBIT- 362.941 684.81- 641.16- 826.94-1 504.43
Net earnings53 124.7037 172.7824 940.874 216.4892 632.49
Shareholders equity total305 613.97332 703.91357 644.78361 861.26454 493.75
Balance sheet total (assets)314 141.58344 530.05361 049.68363 225.72467 002.63
Net debt-33 661.73-53 287.02-85 852.61-81 986.44-91 649.47
Profitability
EBIT-%
ROA19.0 %12.8 %7.7 %1.6 %23.4 %
ROE19.0 %11.6 %7.2 %1.2 %22.7 %
ROI19.2 %12.9 %7.8 %1.6 %23.5 %
Economic value added (EVA)3 591.473 234.602 254.671 947.491 001.04
Solvency
Equity ratio97.3 %96.6 %99.1 %99.6 %97.3 %
Gearing2.2 %2.0 %0.1 %0.0 %2.0 %
Relative net indebtedness %
Liquidity
Quick ratio62.995.0117.6669.3236.8
Current ratio62.995.0117.6669.3236.8
Cash and cash equivalents40 368.2759 957.7686 229.2782 026.10100 640.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAAA

Variable visualization

ROA:23.4%
Rating: 79/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.3%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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