K. Mors Larsen Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About K. Mors Larsen Holding ApS
K. Mors Larsen Holding ApS (CVR number: 40728228) is a company from AARHUS. The company recorded a gross profit of -7.9 kDKK in 2023. The operating profit was -7.9 kDKK, while net earnings were 67.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 40.5 %, which can be considered excellent and Return on Equity (ROE) was 56.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. K. Mors Larsen Holding ApS's liquidity measured by quick ratio was 3.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | -5.97 | -7.10 | -8.85 | -7.88 |
EBIT | -5.97 | -7.10 | -8.85 | -7.88 |
Net earnings | -6.32 | -7.04 | 115.45 | 67.16 |
Shareholders equity total | 73.98 | 66.94 | 114.89 | 123.07 |
Balance sheet total (assets) | 105.23 | 105.69 | 161.63 | 169.82 |
Net debt | -47.47 | -44.69 | -92.72 | - 100.91 |
Profitability | ||||
EBIT-% | ||||
ROA | -5.7 % | -6.7 % | 86.9 % | 40.5 % |
ROE | -8.5 % | -10.0 % | 127.0 % | 56.4 % |
ROI | -5.7 % | -6.9 % | 91.2 % | 42.1 % |
Economic value added (EVA) | -4.82 | -4.04 | -7.16 | -9.09 |
Solvency | ||||
Equity ratio | 70.3 % | 63.3 % | 71.1 % | 72.5 % |
Gearing | 42.2 % | 48.6 % | 35.3 % | 32.9 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 2.6 | 2.1 | 2.9 | 3.1 |
Current ratio | 2.6 | 2.1 | 2.9 | 3.1 |
Cash and cash equivalents | 78.72 | 77.19 | 133.22 | 141.41 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | BB | BB | BB |
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