LARENO A/S — Credit Rating and Financial Key Figures

CVR number: 31615534
Islandsvej 5, 4681 Herfølge
nm@lareno.dk
tel: 56276288
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Credit rating

Company information

Official name
LARENO A/S
Personnel
7 persons
Established
2008
Company form
Limited company
Industry

About LARENO A/S

LARENO A/S (CVR number: 31615534) is a company from KØGE. The company recorded a gross profit of 3385.6 kDKK in 2024. The operating profit was 485.9 kDKK, while net earnings were 84 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent and Return on Equity (ROE) was 4.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 16.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. LARENO A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit4 013.944 443.264 594.152 094.493 385.63
EBIT517.57536.24449.46-1 423.92485.93
Net earnings343.77338.08179.77-1 346.3984.03
Shareholders equity total3 083.993 272.073 301.841 805.441 889.47
Balance sheet total (assets)10 816.8712 764.8311 834.368 825.6211 340.61
Net debt- 302.11- 370.111 535.552 827.543 334.19
Profitability
EBIT-%
ROA5.7 %4.7 %3.7 %-13.8 %4.8 %
ROE11.5 %10.6 %5.5 %-52.7 %4.5 %
ROI15.2 %15.4 %10.6 %-30.1 %9.9 %
Economic value added (EVA)193.98236.60137.88-1 367.2680.97
Solvency
Equity ratio28.5 %25.6 %27.9 %20.5 %16.7 %
Gearing7.7 %7.2 %46.6 %156.7 %176.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.70.50.50.6
Current ratio1.41.31.41.31.2
Cash and cash equivalents538.54606.353.401.931.93
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:4.82%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.7%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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