LARS HOVGAARD JØRGENSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 27528953
Hovedvejen 119, Voldby Mark 5500 Middelfart

Credit rating

Company information

Official name
LARS HOVGAARD JØRGENSEN HOLDING ApS
Established
2006
Domicile
Voldby Mark
Company form
Private limited company
Industry

About LARS HOVGAARD JØRGENSEN HOLDING ApS

LARS HOVGAARD JØRGENSEN HOLDING ApS (CVR number: 27528953) is a company from MIDDELFART. The company recorded a gross profit of -3.1 kDKK in 2023. The operating profit was -3.1 kDKK, while net earnings were -244.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.3 %, which can be considered poor and Return on Equity (ROE) was -11.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 93.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LARS HOVGAARD JØRGENSEN HOLDING ApS's liquidity measured by quick ratio was 129.4 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-3.13-3.91-9.61-1.25-3.13
EBIT-3.13-3.91-9.61-51.25-3.13
Net earnings239.902 237.41-0.25-31.82- 244.89
Shareholders equity total421.492 548.302 435.052 288.821 926.13
Balance sheet total (assets)499.942 571.032 458.162 649.872 062.69
Net debt- 433.64- 934.78- 805.75- 201.45- 300.31
Profitability
EBIT-%
ROA57.3 %146.3 %0.3 %-0.9 %-10.3 %
ROE67.5 %150.7 %-0.0 %-1.3 %-11.6 %
ROI69.5 %151.3 %0.3 %-1.0 %-11.2 %
Economic value added (EVA)0.570.03-87.36- 129.79-77.55
Solvency
Equity ratio84.3 %99.1 %99.1 %86.4 %93.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio5.585.178.85.7129.4
Current ratio5.585.178.85.7129.4
Cash and cash equivalents433.64934.78805.75201.45300.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-10.3%
Rating: 10/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.4%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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