LARS TRIER ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LARS TRIER ApS
LARS TRIER ApS (CVR number: 27970583) is a company from FURESØ. The company reported a net sales of 1.1 mDKK in 2023, demonstrating a growth of 61.6 % compared to the previous year. The operating profit percentage was at 20.7 % (EBIT: 0.2 mDKK), while net earnings were 181 kDKK. The profitability of the company measured by Return on Assets (ROA) was 52.8 %, which can be considered excellent and Return on Equity (ROE) was 90.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.1 %, 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. LARS TRIER ApS's liquidity measured by quick ratio was 1.7 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 631.08 | 696.96 | 1 126.05 | ||
Gross profit | 862.40 | 316.55 | 438.32 | 486.42 | 719.54 |
EBIT | 9.85 | -57.81 | 37.41 | 38.23 | 233.53 |
Net earnings | 5.70 | -51.08 | 23.45 | 23.28 | 180.96 |
Shareholders equity total | 113.57 | 62.50 | 85.95 | 109.22 | 290.18 |
Balance sheet total (assets) | 274.69 | 309.69 | 286.52 | 336.31 | 556.92 |
Net debt | - 160.17 | -90.03 | -70.03 | 42.79 | -82.91 |
Profitability | |||||
EBIT-% | 5.9 % | 5.5 % | 20.7 % | ||
ROA | 3.0 % | -19.8 % | 12.5 % | 12.3 % | 52.8 % |
ROE | 5.1 % | -58.0 % | 31.6 % | 23.9 % | 90.6 % |
ROI | 7.9 % | -64.6 % | 50.4 % | 32.1 % | 106.6 % |
Economic value added (EVA) | 5.76 | -44.74 | 29.31 | 26.56 | 174.74 |
Solvency | |||||
Equity ratio | 41.3 % | 20.2 % | 30.0 % | 32.5 % | 52.1 % |
Gearing | 2.6 % | 0.1 % | 39.2 % | ||
Relative net indebtedness % | 20.7 % | 32.6 % | 16.3 % | ||
Liquidity | |||||
Quick ratio | 1.7 | 1.0 | 1.1 | 1.2 | 1.7 |
Current ratio | 1.7 | 1.0 | 1.1 | 1.2 | 1.7 |
Cash and cash equivalents | 163.15 | 90.07 | 70.03 | 82.91 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 62.7 | 108.5 | 110.4 | ||
Net working capital % | 1.8 % | 5.0 % | 16.5 % | ||
Credit risk | |||||
Credit rating | BBB | BB | BB | BB | BB |
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