JØRGEN LARSEN ApS — Credit Rating and Financial Key Figures

CVR number: 21200697
Bøgevej 20, Nr Lyndelse 5792 Årslev
tel: 65312936

Credit rating

Company information

Official name
JØRGEN LARSEN ApS
Established
1998
Domicile
Nr Lyndelse
Company form
Private limited company
Industry

About JØRGEN LARSEN ApS

JØRGEN LARSEN ApS (CVR number: 21200697) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of -92.4 kDKK in 2023. The operating profit was -92.4 kDKK, while net earnings were 1009 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.3 %, which can be considered excellent and Return on Equity (ROE) was 23.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 95.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. JØRGEN LARSEN ApS's liquidity measured by quick ratio was 119.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-81.00-79.00-99.00-88.00-92.43
EBIT-81.00-79.00-99.00-88.00-92.43
Net earnings- 332.001 256.00427.00- 348.001 008.97
Shareholders equity total3 333.004 478.004 605.003 957.004 566.45
Balance sheet total (assets)3 352.004 716.004 956.004 083.004 762.32
Net debt-3 326.00-4 708.00-4 956.00-4 066.00-4 744.86
Profitability
EBIT-%
ROA0.2 %-0.6 %11.4 %-7.2 %27.3 %
ROE-9.2 %32.2 %9.4 %-8.1 %23.7 %
ROI0.3 %-0.6 %12.1 %-7.6 %28.4 %
Economic value added (EVA)-81.30-66.99-65.58-70.36-72.06
Solvency
Equity ratio99.4 %95.0 %92.9 %96.9 %95.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio176.2362.820.832.4119.1
Current ratio176.2362.820.832.4119.1
Cash and cash equivalents3 326.004 708.004 956.004 066.004 744.86
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:27.3%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.9%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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