J. Mors Larsen Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About J. Mors Larsen Holding ApS
J. Mors Larsen Holding ApS (CVR number: 40728120) is a company from AARHUS. The company recorded a gross profit of -7.9 kDKK in 2023. The operating profit was -7.9 kDKK, while net earnings were 67.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 43.7 %, which can be considered excellent and Return on Equity (ROE) was 59.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. J. Mors Larsen Holding ApS's liquidity measured by quick ratio was 3.3 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 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | -5.97 | -16.48 | -8.85 | -7.88 |
EBIT | -5.97 | -16.48 | -8.85 | -7.88 |
Net earnings | -6.32 | -12.94 | 115.58 | 67.15 |
Shareholders equity total | 73.98 | 61.04 | 109.12 | 117.30 |
Balance sheet total (assets) | 105.23 | 93.54 | 149.62 | 157.80 |
Net debt | -47.47 | -35.37 | -83.53 | -91.71 |
Profitability | ||||
EBIT-% | ||||
ROA | -5.7 % | -16.6 % | 95.5 % | 43.7 % |
ROE | -8.5 % | -19.2 % | 135.8 % | 59.3 % |
ROI | -5.7 % | -17.1 % | 100.7 % | 45.5 % |
Economic value added (EVA) | -4.82 | -10.12 | -7.64 | -9.58 |
Solvency | ||||
Equity ratio | 70.3 % | 65.3 % | 72.9 % | 74.3 % |
Gearing | 42.2 % | 43.0 % | 31.4 % | 29.2 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 2.6 | 2.1 | 3.1 | 3.3 |
Current ratio | 2.6 | 2.1 | 3.1 | 3.3 |
Cash and cash equivalents | 78.72 | 61.62 | 117.78 | 125.96 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | BB | BB | BB |
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