HENNING LARSEN ARCHITECTS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HENNING LARSEN ARCHITECTS A/S
HENNING LARSEN ARCHITECTS A/S (CVR number: 18940884) is a company from KØBENHAVN. The company reported a net sales of 293.3 mDKK in 2024, demonstrating a decline of -19.5 % compared to the previous year. The operating profit percentage was poor at -6.4 % (EBIT: -18.9 mDKK), while net earnings were -20.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was -11.8 %, which can be considered poor and Return on Equity (ROE) was -17.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 49.2 %, 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. HENNING LARSEN ARCHITECTS A/S's liquidity measured by quick ratio was 2.4 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 452.10 | 315.53 | 340.96 | 364.28 | 293.30 |
Gross profit | 281.20 | 242.85 | 365.20 | 296.09 | 224.66 |
EBIT | 48.33 | 11.13 | 23.35 | 36.94 | -18.89 |
Net earnings | 59.15 | 14.16 | 10.48 | 27.13 | -20.61 |
Shareholders equity total | 141.63 | 127.17 | 126.31 | 141.69 | 92.11 |
Balance sheet total (assets) | 305.56 | 357.40 | 370.05 | 365.33 | 237.13 |
Net debt | -96.55 | 28.22 | 12.28 | ||
Profitability | |||||
EBIT-% | 10.7 % | 3.5 % | 6.8 % | 10.1 % | -6.4 % |
ROA | 30.0 % | 3.4 % | 6.4 % | 9.8 % | -11.8 % |
ROE | 54.9 % | 10.5 % | 8.3 % | 20.2 % | -17.6 % |
ROI | 36.1 % | 3.9 % | 6.4 % | 12.4 % | -21.4 % |
Economic value added (EVA) | 26.97 | 1.78 | 16.96 | 22.11 | -24.09 |
Solvency | |||||
Equity ratio | 51.7 % | 100.0 % | 100.0 % | 50.6 % | 49.2 % |
Gearing | 2.0 % | 31.8 % | 14.4 % | ||
Relative net indebtedness % | -2.0 % | 49.7 % | 44.1 % | ||
Liquidity | |||||
Quick ratio | 2.1 | 2.7 | 2.4 | ||
Current ratio | 2.1 | 1.5 | 1.4 | ||
Cash and cash equivalents | 99.42 | 16.87 | 0.95 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 42.9 | 70.7 | 66.7 | ||
Net working capital % | 23.0 % | 24.9 % | 15.6 % | ||
Credit risk | |||||
Credit rating | AAA | BBB | BBB | AAA | A |
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