EDC LARS ANDERSEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About EDC LARS ANDERSEN ApS
EDC LARS ANDERSEN ApS (CVR number: 34223238) is a company from ODSHERRED. The company recorded a gross profit of 2268.8 kDKK in 2024. The operating profit was -27.5 kDKK, while net earnings were 119.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent and Return on Equity (ROE) was 6.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 75 %, 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. EDC LARS ANDERSEN ApS's liquidity measured by quick ratio was 2.5 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 | 2 670.13 | 1 806.27 | 1 560.39 | 2 518.19 | 2 268.79 |
EBIT | 1 186.59 | 219.75 | - 191.55 | 676.32 | -27.55 |
Net earnings | 937.49 | 341.64 | -84.98 | 579.06 | 119.34 |
Shareholders equity total | 1 437.81 | 1 666.45 | 1 467.07 | 1 696.13 | 1 815.47 |
Balance sheet total (assets) | 2 442.24 | 2 266.48 | 1 874.85 | 2 473.10 | 2 420.67 |
Net debt | -1 213.14 | - 765.11 | - 382.02 | -1 069.87 | - 683.64 |
Profitability | |||||
EBIT-% | |||||
ROA | 64.8 % | 18.3 % | -4.6 % | 33.9 % | 6.6 % |
ROE | 91.5 % | 22.0 % | -5.4 % | 36.6 % | 6.8 % |
ROI | 99.9 % | 24.6 % | -5.6 % | 46.1 % | 9.0 % |
Economic value added (EVA) | 910.84 | 181.67 | - 189.38 | 469.45 | -52.22 |
Solvency | |||||
Equity ratio | 58.9 % | 73.5 % | 78.3 % | 68.6 % | 75.0 % |
Gearing | 11.6 % | 12.7 % | 0.3 % | 0.3 % | 0.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 1.7 | 1.9 | 2.0 | 2.5 |
Current ratio | 1.5 | 1.7 | 1.9 | 2.0 | 2.5 |
Cash and cash equivalents | 1 379.74 | 976.83 | 386.28 | 1 074.38 | 688.23 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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