LARSEN + LARSEN ApS — Credit Rating and Financial Key Figures

CVR number: 30609530
Aalborgvej 98, 9370 Hals
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Credit rating

Company information

Official name
LARSEN + LARSEN ApS
Personnel
1 person
Established
2007
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 144.66811.47-1.45242.86115.07
EBIT159.5971.37- 190.4922.06- 228.36
Net earnings111.02104.77- 350.02-33.09- 218.85
Shareholders equity total3 222.753 027.512 077.491 926.601 707.75
Balance sheet total (assets)3 990.303 322.942 272.882 005.311 850.19
Net debt-3 709.83-1 294.52- 457.63- 386.91- 363.43
Profitability
EBIT-%
ROA3.2 %4.6 %-1.7 %4.7 %-11.3 %
ROE3.4 %3.4 %-13.7 %-1.7 %-12.0 %
ROI5.0 %5.3 %-1.8 %5.0 %-11.9 %
Economic value added (EVA)-37.39- 106.27- 300.78-88.73- 325.19
Solvency
Equity ratio80.8 %91.1 %97.1 %96.2 %92.6 %
Gearing0.0 %2.1 %
Relative net indebtedness %
Liquidity
Quick ratio5.24.910.58.53.1
Current ratio5.24.93.511.95.6
Cash and cash equivalents3 709.831 294.52457.63387.31399.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-11.3%
Rating: 9/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.6%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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