KAREN OG LARS OLE LARSEN ApS — Credit Rating and Financial Key Figures

CVR number: 25760956
Hasselbakken 102, Mørkholt 7080 Børkop
tel: 75826566

Credit rating

Company information

Official name
KAREN OG LARS OLE LARSEN ApS
Established
2000
Domicile
Mørkholt
Company form
Private limited company
Industry

About KAREN OG LARS OLE LARSEN ApS

KAREN OG LARS OLE LARSEN ApS (CVR number: 25760956) is a company from VEJLE. The company recorded a gross profit of 226 kDKK in 2024. The operating profit was 89.9 kDKK, while net earnings were 81.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak and Return on Equity (ROE) was 0.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 83.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KAREN OG LARS OLE LARSEN ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-4.49171.70164.73339.28226.01
EBIT- 103.3531.2693.48203.1589.88
Net earnings-2 199.40-20.0271.66212.7681.44
Shareholders equity total14 701.0112 380.9912 452.6512 665.4112 746.85
Balance sheet total (assets)17 663.5114 510.2314 529.8115 071.7915 270.38
Net debt633.091 986.631 808.681 811.351 689.02
Profitability
EBIT-%
ROA1.0 %0.4 %0.8 %1.8 %1.1 %
ROE-13.1 %-0.1 %0.6 %1.7 %0.6 %
ROI1.0 %0.4 %0.8 %1.8 %1.1 %
Economic value added (EVA)-1 062.47- 846.04- 632.52- 525.64- 651.66
Solvency
Equity ratio83.2 %85.3 %85.7 %84.0 %83.5 %
Gearing18.8 %16.7 %16.1 %16.5 %16.0 %
Relative net indebtedness %
Liquidity
Quick ratio3.22.12.81.11.4
Current ratio3.22.22.91.21.4
Cash and cash equivalents2 124.6479.96191.22280.15353.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:1.10%
Rating: 26/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.5%
Rating: 63/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member

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