LARS BORG HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 28110200
Islevdalvej 158, 2610 Rødovre

Company information

Official name
LARS BORG HOLDING ApS
Established
2004
Company form
Private limited company
Industry

About LARS BORG HOLDING ApS

LARS BORG HOLDING ApS (CVR number: 28110200) is a company from RØDOVRE. The company recorded a gross profit of -19 kDKK in 2023. The operating profit was -19 kDKK, while net earnings were 2318.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.7 %, which can be considered excellent and Return on Equity (ROE) was 21.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LARS BORG HOLDING ApS's liquidity measured by quick ratio was 404.2 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-8.89-7.67-7.82-8.50-19.00
EBIT-8.89-7.67-7.82-8.50-19.00
Net earnings2 134.611 664.961 943.811 655.512 318.12
Shareholders equity total9 803.5011 357.8713 188.6711 064.1510 782.27
Balance sheet total (assets)10 031.9011 474.3313 323.7012 131.0410 830.07
Net debt-1 559.37-1 852.01-1 657.22- 739.77- 398.51
Profitability
EBIT-%
ROA24.6 %16.2 %16.3 %13.6 %20.7 %
ROE24.3 %15.7 %15.8 %13.7 %21.2 %
ROI25.2 %16.5 %16.4 %14.0 %21.3 %
Economic value added (EVA)- 201.23- 158.96-80.23-57.64-43.11
Solvency
Equity ratio97.7 %99.0 %99.0 %91.2 %99.6 %
Gearing0.7 %3.6 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio42.3119.471.07.2404.2
Current ratio42.3119.471.07.2404.2
Cash and cash equivalents1 559.371 852.011 753.421 132.61399.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:20.7%
Rating: 75/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.6%
Rating: 93/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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