LARSEN REAL ESTATE HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 40859764
Bratenvej 36, Tåsinge 5700 Svendborg
pel@larslarsengroup.com
tel: 40905454

Credit rating

Company information

Official name
LARSEN REAL ESTATE HOLDING ApS
Established
2019
Domicile
Tåsinge
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
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 total43.3539.1134.6830.25
Balance sheet total (assets)43.3585.1480.7575.45
Net debt-43.35-2.9217.0639.78
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 ratio100.0 %45.9 %42.9 %40.1 %
Gearing102.3 %115.4 %132.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.00.90.8
Current ratio1.00.90.8
Cash and cash equivalents43.3542.9222.940.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-7.18%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.1%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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