HENNING LARSEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -63.64 | 149.90 | -11.38 | 148.56 | -1 510.62 |
EBIT | - 199.69 | -41.97 | - 206.82 | -44.48 | -1 706.37 |
Net earnings | -76.38 | 1 149.17 | - 813.66 | 273.03 | -1 052.79 |
Shareholders equity total | 10 566.34 | 10 215.52 | 9 401.86 | 9 074.88 | 7 422.09 |
Balance sheet total (assets) | 11 881.02 | 10 843.87 | 10 112.05 | 9 581.40 | 8 858.34 |
Net debt | -10 383.69 | -9 323.50 | -8 362.65 | -7 960.50 | -7 402.37 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.0 % | 12.8 % | 0.1 % | 4.1 % | -9.7 % |
ROE | -0.5 % | 11.1 % | -8.3 % | 3.0 % | -12.8 % |
ROI | 0.0 % | 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 ratio | 88.9 % | 94.2 % | 93.0 % | 94.7 % | 83.8 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 8.0 | 15.2 | 12.4 | 16.3 | 5.3 |
Current ratio | 8.0 | 15.2 | 12.4 | 16.3 | 5.3 |
Cash and cash equivalents | 10 383.69 | 9 323.50 | 8 362.65 | 7 960.50 | 7 402.37 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | A | BBB |
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