K. LARSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 26849535
Skårupvej 176, 2650 Hvidovre

Credit rating

Company information

Official name
K. LARSEN HOLDING ApS
Established
2002
Company form
Private limited company
Industry

About K. LARSEN HOLDING ApS

K. LARSEN HOLDING ApS (CVR number: 26849535) is a company from HVIDOVRE. The company recorded a gross profit of -13.1 kDKK in 2023. The operating profit was -13.1 kDKK, while net earnings were -245.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3 %, which can be considered poor and Return on Equity (ROE) was -4.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. K. LARSEN HOLDING ApS's liquidity measured by quick ratio was 382.8 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- 605.35
Gross profit- 617.81-12.95-12.52-10.44-13.08
EBIT- 617.81-12.95-12.52-10.44-13.08
Net earnings- 585.88- 559.31- 165.70- 950.54- 245.34
Shareholders equity total9 070.988 403.678 124.977 060.044 414.69
Balance sheet total (assets)9 082.558 421.528 210.177 138.954 426.26
Net debt-8 862.61-7 954.23-7 747.14-6 417.71-4 224.03
Profitability
EBIT-%
ROA-6.1 %-6.3 %-1.0 %-7.7 %-3.0 %
ROE-6.2 %-6.4 %-2.0 %-12.5 %-4.3 %
ROI-6.1 %-6.3 %-1.0 %-7.8 %-3.0 %
Economic value added (EVA)- 625.11-12.79-9.94-5.29-42.48
Solvency
Equity ratio99.9 %99.8 %99.0 %98.9 %99.7 %
Gearing
Relative net indebtedness %1462.1 %
Liquidity
Quick ratio769.2688.6434.790.5382.8
Current ratio769.2688.6434.790.5382.8
Cash and cash equivalents8 862.617 954.237 747.146 417.714 224.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-1361.4 %
Credit risk
Credit ratingBBBBBBABBBBB

Variable visualization

ROA:-2.99%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 96/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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