KARSTEN LARSEN ApS — Credit Rating and Financial Key Figures

CVR number: 27525377
Jyllands Alle 23, 7700 Thisted

Company information

Official name
KARSTEN LARSEN ApS
Established
2006
Company form
Private limited company
Industry

About KARSTEN LARSEN ApS

KARSTEN LARSEN ApS (CVR number: 27525377) is a company from THISTED. The company recorded a gross profit of -5.6 kDKK in 2023. The operating profit was -5.6 kDKK, while net earnings were 620.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36.6 %, which can be considered excellent and Return on Equity (ROE) was 32.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 92 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KARSTEN LARSEN ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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-4.58-6.02-5.98-8.50-5.63
EBIT-4.58-6.02-5.98-8.50-5.63
Net earnings69.78568.30-94.6164.00620.77
Shareholders equity total1 066.721 635.021 540.421 604.422 225.18
Balance sheet total (assets)1 730.952 353.102 214.811 975.952 419.59
Net debt265.46572.69557.75- 133.45- 111.26
Profitability
EBIT-%
ROA4.4 %36.5 %4.5 %4.9 %36.6 %
ROE6.8 %42.1 %-6.0 %4.1 %32.4 %
ROI4.4 %37.0 %4.6 %5.3 %42.0 %
Economic value added (EVA)22.92-38.32-82.06-77.52-78.31
Solvency
Equity ratio61.6 %69.5 %69.6 %81.2 %92.0 %
Gearing62.0 %40.4 %43.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.10.30.51.4
Current ratio0.80.10.30.51.4
Cash and cash equivalents395.7288.48116.65133.45111.26
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:36.6%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.0%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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