Lars-Erik Houmann Christensen A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 227.34 | 1 858.61 | - 344.94 | - 594.00 | -1 338.34 |
EBIT | - 362.94 | 1 684.81 | - 641.16 | - 826.94 | -1 504.43 |
Net earnings | 53 124.70 | 37 172.78 | 24 940.87 | 4 216.48 | 92 632.49 |
Shareholders equity total | 305 613.97 | 332 703.91 | 357 644.78 | 361 861.26 | 454 493.75 |
Balance sheet total (assets) | 314 141.58 | 344 530.05 | 361 049.68 | 363 225.72 | 467 002.63 |
Net debt | -33 661.73 | -53 287.02 | -85 852.61 | -81 986.44 | -91 649.47 |
Profitability | |||||
EBIT-% | |||||
ROA | 19.0 % | 12.8 % | 7.7 % | 1.6 % | 23.4 % |
ROE | 19.0 % | 11.6 % | 7.2 % | 1.2 % | 22.7 % |
ROI | 19.2 % | 12.9 % | 7.8 % | 1.6 % | 23.5 % |
Economic value added (EVA) | 3 591.47 | 3 234.60 | 2 254.67 | 1 947.49 | 1 001.04 |
Solvency | |||||
Equity ratio | 97.3 % | 96.6 % | 99.1 % | 99.6 % | 97.3 % |
Gearing | 2.2 % | 2.0 % | 0.1 % | 0.0 % | 2.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 62.9 | 95.0 | 117.6 | 669.3 | 236.8 |
Current ratio | 62.9 | 95.0 | 117.6 | 669.3 | 236.8 |
Cash and cash equivalents | 40 368.27 | 59 957.76 | 86 229.27 | 82 026.10 | 100 640.16 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AAA | AAA | AAA | AA |
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