LARSEN GULVE ApS — Credit Rating and Financial Key Figures

CVR number: 34484708
Solhøjvej 21, 3550 Slangerup
uffe@larsengulve.dk
tel: 40143870

Company information

Official name
LARSEN GULVE ApS
Personnel
1 person
Established
2012
Company form
Private limited company
Industry

About LARSEN GULVE ApS

LARSEN GULVE ApS (CVR number: 34484708) is a company from FREDERIKSSUND. The company recorded a gross profit of 1000.6 kDKK in 2023. The operating profit was 680.7 kDKK, while net earnings were 320.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.7 %, which can be considered excellent and Return on Equity (ROE) was 15.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.5 %, 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 GULVE ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit795.681 046.86890.82743.101 000.63
EBIT226.51478.041 195.25290.19680.69
Net earnings-47.10231.78689.705.64320.12
Shareholders equity total1 031.261 207.741 841.841 847.482 167.60
Balance sheet total (assets)6 156.616 165.854 246.993 949.944 288.23
Net debt4 800.754 413.502 041.981 845.731 743.73
Profitability
EBIT-%
ROA3.5 %8.7 %23.0 %7.1 %16.7 %
ROE-4.4 %20.7 %45.2 %0.3 %15.9 %
ROI3.7 %9.2 %24.7 %7.6 %18.0 %
Economic value added (EVA)- 119.1394.47731.1520.89241.52
Solvency
Equity ratio16.8 %19.6 %43.4 %46.8 %50.5 %
Gearing466.3 %376.1 %113.4 %102.3 %80.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.50.80.80.4
Current ratio0.60.60.90.80.4
Cash and cash equivalents8.50128.9946.8643.838.55
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:16.7%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.5%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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