LARSEN REAL ESTATE HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LARSEN REAL ESTATE HOLDING ApS
LARSEN REAL ESTATE HOLDING ApS (CVR number: 40859764) is a company from SVENDBORG. The company recorded a gross profit of -5.6 kDKK in 2023. The operating profit was -5.6 kDKK, while net earnings were -4.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.2 %, which can be considered poor and Return on Equity (ROE) was -13.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. LARSEN REAL ESTATE HOLDING ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | -9.90 | -5.00 | -5.30 | -5.60 |
EBIT | -9.90 | -5.00 | -5.30 | -5.60 |
Net earnings | -6.65 | -4.24 | -4.43 | -4.42 |
Shareholders equity total | 43.35 | 39.11 | 34.68 | 30.25 |
Balance sheet total (assets) | 43.35 | 85.14 | 80.75 | 75.45 |
Net debt | -43.35 | -2.92 | 17.06 | 39.78 |
Profitability | ||||
EBIT-% | ||||
ROA | -14.6 % | -7.8 % | -6.4 % | -7.2 % |
ROE | -15.3 % | -10.3 % | -12.0 % | -13.6 % |
ROI | -14.6 % | -8.2 % | -6.9 % | -7.7 % |
Economic value added (EVA) | -9.90 | -3.91 | -1.95 | -2.96 |
Solvency | ||||
Equity ratio | 100.0 % | 45.9 % | 42.9 % | 40.1 % |
Gearing | 102.3 % | 115.4 % | 132.2 % | |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 1.0 | 0.9 | 0.8 | |
Current ratio | 1.0 | 0.9 | 0.8 | |
Cash and cash equivalents | 43.35 | 42.92 | 22.94 | 0.22 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | B | BBB | BB | BBB |
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