LARS HJORT FREDERIKSEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LARS HJORT FREDERIKSEN ApS
LARS HJORT FREDERIKSEN ApS (CVR number: 29245649) is a company from VEJLE. The company recorded a gross profit of -0 kDKK in 2024. The operating profit was -0 kDKK, while net earnings were 4.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak and Return on Equity (ROE) was 0.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 76 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. LARS HJORT FREDERIKSEN ApS's liquidity measured by quick ratio was 2.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -1.26 | -1.53 | -1.41 | -2.10 | -0.03 |
EBIT | -1.26 | -1.53 | -1.41 | -2.10 | -0.03 |
Net earnings | 6.46 | 20.97 | 116.41 | 26.39 | 4.67 |
Shareholders equity total | 475.99 | 496.96 | 613.38 | 639.77 | 644.44 |
Balance sheet total (assets) | 477.39 | 503.23 | 613.38 | 639.77 | 847.57 |
Net debt | - 151.79 | - 177.63 | - 284.96 | - 306.16 | - 521.97 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.8 % | 5.5 % | 28.2 % | 4.2 % | 1.0 % |
ROE | 1.4 % | 4.3 % | 21.0 % | 4.2 % | 0.7 % |
ROI | 1.8 % | 5.5 % | 28.4 % | 4.2 % | 1.2 % |
Economic value added (EVA) | -24.58 | -25.11 | -26.38 | -32.93 | -32.18 |
Solvency | |||||
Equity ratio | 99.7 % | 98.8 % | 100.0 % | 100.0 % | 76.0 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 108.3 | 28.3 | 2.6 | ||
Current ratio | 108.3 | 28.3 | 2.6 | ||
Cash and cash equivalents | 151.79 | 177.63 | 284.96 | 306.16 | 521.97 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB | BBB |
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