LARS KRULL A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About LARS KRULL A/S
LARS KRULL A/S (CVR number: 24243354) is a company from AALBORG. The company recorded a gross profit of -670 kDKK in 2024. The operating profit was -2199 kDKK, while net earnings were 41.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14.3 %, which can be considered good but Return on Equity (ROE) was 16.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. LARS KRULL A/S's liquidity measured by quick ratio was 2.2 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 | - 662.00 | - 643.00 | - 619.00 | - 716.00 | - 670.00 |
EBIT | -3 124.00 | -2 871.00 | -3 034.00 | -2 247.00 | -2 199.00 |
Net earnings | -20 980.00 | 19 915.00 | -49 569.00 | 24 167.00 | 41 712.00 |
Shareholders equity total | 233 059.00 | 252 974.00 | 203 405.00 | 227 572.00 | 267 284.00 |
Balance sheet total (assets) | 333 159.00 | 386 530.00 | 352 053.00 | 395 597.00 | 492 069.00 |
Net debt | - 227 904.00 | - 248 227.00 | - 179 610.00 | - 209 365.00 | - 259 976.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.7 % | 6.7 % | 4.9 % | 10.2 % | 14.3 % |
ROE | -8.6 % | 8.2 % | -21.7 % | 11.2 % | 16.9 % |
ROI | 3.7 % | 6.7 % | 5.0 % | 10.3 % | 14.4 % |
Economic value added (EVA) | 7 490.21 | 2 017.75 | 4 094.81 | 4 515.84 | 5 707.26 |
Solvency | |||||
Equity ratio | 70.0 % | 65.4 % | 57.8 % | 57.5 % | 54.3 % |
Gearing | 42.7 % | 52.3 % | 73.0 % | 72.9 % | 82.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.3 | 2.9 | 2.4 | 2.4 | 2.2 |
Current ratio | 3.3 | 2.9 | 2.4 | 2.4 | 2.2 |
Cash and cash equivalents | 327 424.00 | 380 495.00 | 328 163.00 | 375 292.00 | 480 711.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB | BBB |
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