LARS KRULL A/S — Credit Rating and Financial Key Figures

CVR number: 24243354
Johannes Hofmeisters Vej 7, 9000 Aalborg
lk@krull.dk
tel: 40194600

Credit rating

Company information

Official name
LARS KRULL A/S
Personnel
3 persons
Established
1999
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
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-20 980.0019 915.00-49 569.0024 167.0041 712.00
Shareholders equity total233 059.00252 974.00203 405.00227 572.00267 284.00
Balance sheet total (assets)333 159.00386 530.00352 053.00395 597.00492 069.00
Net debt- 227 904.00- 248 227.00- 179 610.00- 209 365.00- 259 976.00
Profitability
EBIT-%
ROA3.7 %6.7 %4.9 %10.2 %14.3 %
ROE-8.6 %8.2 %-21.7 %11.2 %16.9 %
ROI3.7 %6.7 %5.0 %10.3 %14.4 %
Economic value added (EVA)7 490.212 017.754 094.814 515.845 707.26
Solvency
Equity ratio70.0 %65.4 %57.8 %57.5 %54.3 %
Gearing42.7 %52.3 %73.0 %72.9 %82.6 %
Relative net indebtedness %
Liquidity
Quick ratio3.32.92.42.42.2
Current ratio3.32.92.42.42.2
Cash and cash equivalents327 424.00380 495.00328 163.00375 292.00480 711.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:14.3%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.3%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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