BAY LARSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 33257570
Hybenvej 23, 5700 Svendborg
tel: 21720520

Credit rating

Company information

Official name
BAY LARSEN HOLDING ApS
Established
2010
Company form
Private limited company
Industry

About BAY LARSEN HOLDING ApS

BAY LARSEN HOLDING ApS (CVR number: 33257570) is a company from SVENDBORG. The company recorded a gross profit of 67.3 kDKK in 2023. The operating profit was 54.2 kDKK, while net earnings were 26.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak and Return on Equity (ROE) was 2.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 59.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. BAY LARSEN HOLDING ApS's liquidity measured by quick ratio was 5.1 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 profit118.9594.5465.74430.4367.27
EBIT98.0371.7042.90417.3754.20
Net earnings61.5939.3014.04354.5926.57
Shareholders equity total662.87646.87650.92948.30899.87
Balance sheet total (assets)1 542.751 457.511 367.761 619.061 521.39
Net debt- 254.11461.68- 123.81- 788.87- 714.99
Profitability
EBIT-%
ROA6.3 %4.8 %3.0 %27.9 %3.5 %
ROE9.3 %6.0 %2.2 %44.3 %2.9 %
ROI6.7 %5.1 %3.2 %29.4 %3.7 %
Economic value added (EVA)59.4231.95-28.26346.6232.17
Solvency
Equity ratio43.0 %44.4 %47.6 %58.6 %59.1 %
Gearing9.3 %110.6 %9.6 %5.9 %5.6 %
Relative net indebtedness %
Liquidity
Quick ratio2.01.71.56.15.1
Current ratio2.01.71.56.15.1
Cash and cash equivalents315.47253.47186.38845.24765.11
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBABBB

Variable visualization

ROA:3.51%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.1%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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