INGEMANN LARSEN A/S

CVR number: 55227012
Østervang 52, Frøslev 7900 Nykøbing M
tel: 97744111

Credit rating

Company information

Official name
INGEMANN LARSEN A/S
Personnel
32 persons
Established
1976
Domicile
Frøslev
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About the company

INGEMANN LARSEN A/S (CVR number: 55227012) is a company from MORSØ. The company recorded a gross profit of 21.1 mDKK in 2023. The operating profit was 3038.5 kDKK, while net earnings were 1200.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent but Return on Equity (ROE) was 14.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 15.6 %, 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. INGEMANN LARSEN A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit21 258.9120 188.3220 531.1723 005.7121 136.70
EBIT2 647.432 806.442 496.384 658.733 038.53
Net earnings237.64618.73492.562 501.831 200.52
Shareholders equity total4 004.184 622.905 115.467 617.298 817.81
Balance sheet total (assets)63 310.7463 581.7053 807.4153 716.4454 941.19
Net debt30 621.3724 352.6023 260.0221 085.9521 309.58
Profitability
EBIT-%
ROA4.4 %4.7 %4.5 %8.8 %6.0 %
ROE3.4 %14.3 %10.1 %39.3 %14.6 %
ROI6.9 %8.9 %8.8 %16.2 %10.2 %
Economic value added (EVA)1 816.171 868.711 576.273 680.961 703.15
Solvency
Equity ratio6.3 %7.0 %9.1 %13.6 %15.6 %
Gearing769.1 %530.4 %457.4 %279.0 %243.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.40.30.40.4
Current ratio1.01.11.11.11.1
Cash and cash equivalents173.67169.11136.80164.58119.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:5.96%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:15.6%
Rating: 15/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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