Jørgen Elgaard Larsen Holding ApS — Credit Rating and Financial Key Figures

CVR number: 39240483
Ægirsgade 34, 2200 København N

Credit rating

Company information

Official name
Jørgen Elgaard Larsen Holding ApS
Established
2017
Company form
Private limited company
Industry

About Jørgen Elgaard Larsen Holding ApS

Jørgen Elgaard Larsen Holding ApS (CVR number: 39240483) is a company from KØBENHAVN. The company recorded a gross profit of -15.5 kDKK in 2024. The operating profit was -15.5 kDKK, while net earnings were 233.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.5 %, which can be considered good but Return on Equity (ROE) was 15.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 85.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Jørgen Elgaard Larsen Holding ApS's liquidity measured by quick ratio was 4.3 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-6.99-8.62-10.62-10.50-15.50
EBIT-6.99-8.62-10.62-10.50-15.50
Net earnings477.18312.79- 101.35322.55233.22
Shareholders equity total1 254.871 497.651 316.311 518.861 482.08
Balance sheet total (assets)1 612.971 874.301 369.101 679.981 730.21
Net debt- 529.24- 823.70- 967.27- 800.92- 825.73
Profitability
EBIT-%
ROA40.0 %19.7 %3.6 %20.8 %14.5 %
ROE45.2 %22.7 %-7.2 %22.8 %15.5 %
ROI40.7 %20.0 %3.7 %20.9 %14.7 %
Economic value added (EVA)18.1936.1925.27-6.735.16
Solvency
Equity ratio77.8 %79.9 %96.1 %90.4 %85.7 %
Gearing26.5 %23.7 %3.4 %10.0 %15.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.43.220.06.74.3
Current ratio2.43.220.06.74.3
Cash and cash equivalents861.751 178.811 012.15953.491 054.27
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBABBB

Variable visualization

ROA:14.5%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:85.7%
Rating: 65/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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