O. LARSEN HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 26208122
Jernholmen 42 A, 2650 Hvidovre
tel: 36342910

Company information

Official name
O. LARSEN HOLDING A/S
Established
2001
Company form
Limited company
Industry

About O. LARSEN HOLDING A/S

O. LARSEN HOLDING A/S (CVR number: 26208122) is a company from HVIDOVRE. The company recorded a gross profit of -11.2 kDKK in 2023. The operating profit was -11.2 kDKK, while net earnings were -1399.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.8 %, which can be considered poor and Return on Equity (ROE) was -167.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 18.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. O. LARSEN HOLDING A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-1.00-1.25-1.25-1.50-11.25
EBIT-1.00-1.25-1.25-1.50-11.25
Net earnings9.84-3.19-1.25-1.50-1 399.42
Shareholders equity total1 542.731 539.541 538.291 536.79137.38
Balance sheet total (assets)2 563.172 548.172 498.172 198.17750.00
Net debt678.88663.88613.88368.54314.79
Profitability
EBIT-%
ROA-0.0 %-0.0 %-0.0 %-0.1 %-0.8 %
ROE0.6 %-0.2 %-0.1 %-0.1 %-167.2 %
ROI-0.0 %-0.1 %-0.1 %-0.1 %-1.0 %
Economic value added (EVA)-78.03-78.77-78.61-78.80-88.47
Solvency
Equity ratio60.2 %60.4 %61.6 %69.9 %18.3 %
Gearing44.0 %43.1 %39.9 %24.0 %229.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.52.52.63.31.2
Current ratio2.52.52.63.31.2
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-0.76%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.3%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member

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