LARSEN + LARSEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LARSEN + LARSEN ApS
LARSEN + LARSEN ApS (CVR number: 30609530) is a company from AALBORG. The company recorded a gross profit of 115.1 kDKK in 2024. The operating profit was -228.4 kDKK, while net earnings were -218.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.3 %, which can be considered poor and Return on Equity (ROE) was -12 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 92.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LARSEN + LARSEN 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 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 144.66 | 811.47 | -1.45 | 242.86 | 115.07 |
EBIT | 159.59 | 71.37 | - 190.49 | 22.06 | - 228.36 |
Net earnings | 111.02 | 104.77 | - 350.02 | -33.09 | - 218.85 |
Shareholders equity total | 3 222.75 | 3 027.51 | 2 077.49 | 1 926.60 | 1 707.75 |
Balance sheet total (assets) | 3 990.30 | 3 322.94 | 2 272.88 | 2 005.31 | 1 850.19 |
Net debt | -3 709.83 | -1 294.52 | - 457.63 | - 386.91 | - 363.43 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.2 % | 4.6 % | -1.7 % | 4.7 % | -11.3 % |
ROE | 3.4 % | 3.4 % | -13.7 % | -1.7 % | -12.0 % |
ROI | 5.0 % | 5.3 % | -1.8 % | 5.0 % | -11.9 % |
Economic value added (EVA) | -37.39 | - 106.27 | - 300.78 | -88.73 | - 325.19 |
Solvency | |||||
Equity ratio | 80.8 % | 91.1 % | 97.1 % | 96.2 % | 92.6 % |
Gearing | 0.0 % | 2.1 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.2 | 4.9 | 10.5 | 8.5 | 3.1 |
Current ratio | 5.2 | 4.9 | 3.5 | 11.9 | 5.6 |
Cash and cash equivalents | 3 709.83 | 1 294.52 | 457.63 | 387.31 | 399.43 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
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