HENNING LARSEN A/S — Credit Rating and Financial Key Figures

CVR number: 76382417
Kronprinsessegade 46 B, 1306 København K
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Credit rating

Company information

Official name
HENNING LARSEN A/S
Personnel
1 person
Established
1984
Company form
Limited company
Industry

About HENNING LARSEN A/S

HENNING LARSEN A/S (CVR number: 76382417) is a company from KØBENHAVN. The company recorded a gross profit of -1510.6 kDKK in 2023. The operating profit was -1706.4 kDKK, while net earnings were -1052.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.7 %, which can be considered poor and Return on Equity (ROE) was -12.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 83.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HENNING LARSEN A/S's liquidity measured by quick ratio was 5.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-63.64149.90-11.38148.56-1 510.62
EBIT- 199.69-41.97- 206.82-44.48-1 706.37
Net earnings-76.381 149.17- 813.66273.03-1 052.79
Shareholders equity total10 566.3410 215.529 401.869 074.887 422.09
Balance sheet total (assets)11 881.0210 843.8710 112.059 581.408 858.34
Net debt-10 383.69-9 323.50-8 362.65-7 960.50-7 402.37
Profitability
EBIT-%
ROA0.0 %12.8 %0.1 %4.1 %-9.7 %
ROE-0.5 %11.1 %-8.3 %3.0 %-12.8 %
ROI0.0 %14.0 %0.1 %4.4 %-10.8 %
Economic value added (EVA)-1 289.41-42.54- 206.14-84.11-2 058.08
Solvency
Equity ratio88.9 %94.2 %93.0 %94.7 %83.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio8.015.212.416.35.3
Current ratio8.015.212.416.35.3
Cash and cash equivalents10 383.699 323.508 362.657 960.507 402.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBABBB

Variable visualization

ROA:-9.65%
Rating: 10/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.8%
Rating: 63/100
-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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