Kaj Larsen Automobiler ApS — Credit Rating and Financial Key Figures

CVR number: 40697195
Søen 39, 2690 Karlslunde
klautomobiler@c.dk
tel: 27952795

Credit rating

Company information

Official name
Kaj Larsen Automobiler ApS
Personnel
1 person
Established
2019
Company form
Private limited company
Industry

About Kaj Larsen Automobiler ApS

Kaj Larsen Automobiler ApS (CVR number: 40697195) is a company from GREVE. The company recorded a gross profit of 249.6 kDKK in 2023. The operating profit was -61.5 kDKK, while net earnings were -4.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.1 %, which can be considered poor and Return on Equity (ROE) was -0.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 96.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Kaj Larsen Automobiler ApS's liquidity measured by quick ratio was 18 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 profit975.58216.00143.23139.96249.57
EBIT- 233.1490.0810.63- 171.08-61.47
Net earnings- 196.0354.74-11.73- 192.13-4.84
Shareholders equity total5 160.155 214.895 203.155 011.025 006.19
Balance sheet total (assets)5 408.065 423.555 371.925 191.985 200.47
Net debt-3 404.24-3 597.61-3 559.65-3 361.08-3 314.60
Profitability
EBIT-%
ROA-4.3 %1.7 %0.2 %-3.2 %-1.1 %
ROE-3.8 %1.1 %-0.2 %-3.8 %-0.1 %
ROI-4.5 %1.7 %0.2 %-3.3 %-1.2 %
Economic value added (EVA)- 182.18248.92194.4315.61140.59
Solvency
Equity ratio95.4 %96.2 %96.9 %96.5 %96.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio14.717.621.719.318.0
Current ratio14.717.621.719.318.0
Cash and cash equivalents3 404.243 597.613 559.653 361.083 314.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-1.11%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.3%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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