LARS SØMOD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 33970668
Hermodsvej 22, 8230 Åbyhøj

Company information

Official name
LARS SØMOD HOLDING ApS
Established
2011
Company form
Private limited company
Industry

About LARS SØMOD HOLDING ApS

LARS SØMOD HOLDING ApS (CVR number: 33970668) is a company from AARHUS. The company recorded a gross profit of -16.7 kDKK in 2023. The operating profit was -16.7 kDKK, while net earnings were 9.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak and Return on Equity (ROE) was 0.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LARS SØMOD HOLDING ApS's liquidity measured by quick ratio was 48.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-18.04-12.31-19.39-13.18-16.74
EBIT-18.04-12.31-19.39-13.18-16.74
Net earnings640.77998.57486.69564.149.11
Shareholders equity total3 897.984 785.955 045.235 436.375 241.18
Balance sheet total (assets)4 010.675 061.865 321.565 544.785 327.80
Net debt-1 403.10-2 039.46-2 305.72-2 722.99-3 536.75
Profitability
EBIT-%
ROA17.2 %22.9 %12.2 %10.9 %1.0 %
ROE17.6 %23.0 %9.9 %10.8 %0.2 %
ROI18.0 %23.9 %12.8 %11.3 %1.0 %
Economic value added (EVA)74.9665.8976.1362.6632.11
Solvency
Equity ratio97.2 %94.5 %94.8 %98.0 %98.4 %
Gearing0.0 %
Relative net indebtedness %
Liquidity
Quick ratio13.440.015.329.948.1
Current ratio13.440.015.329.948.1
Cash and cash equivalents1 403.102 041.032 305.722 722.993 536.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:1.01%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.4%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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