HENNING LARSEN ARCHITECTS A/S — Credit Rating and Financial Key Figures

CVR number: 18940884
Vesterbrogade 76, 1620 København V

Company information

Official name
HENNING LARSEN ARCHITECTS A/S
Personnel
232 persons
Established
1995
Company form
Limited company
Industry

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales452.10315.53340.96364.28293.30
Gross profit281.20242.85365.20296.09224.66
EBIT48.3311.1323.3536.94-18.89
Net earnings59.1514.1610.4827.13-20.61
Shareholders equity total141.63127.17126.31141.6992.11
Balance sheet total (assets)305.56357.40370.05365.33237.13
Net debt-96.5528.2212.28
Profitability
EBIT-%10.7 %3.5 %6.8 %10.1 %-6.4 %
ROA30.0 %3.4 %6.4 %9.8 %-11.8 %
ROE54.9 %10.5 %8.3 %20.2 %-17.6 %
ROI36.1 %3.9 %6.4 %12.4 %-21.4 %
Economic value added (EVA)26.971.7816.9622.11-24.09
Solvency
Equity ratio51.7 %100.0 %100.0 %50.6 %49.2 %
Gearing2.0 %31.8 %14.4 %
Relative net indebtedness %-2.0 %49.7 %44.1 %
Liquidity
Quick ratio2.12.72.4
Current ratio2.11.51.4
Cash and cash equivalents99.4216.870.95
Capital use efficiency
Trade debtors turnover (days)42.970.766.7
Net working capital %23.0 %24.9 %15.6 %
Credit risk
Credit ratingAAABBBBBBAAAA

Variable visualization

ROA:-11.8%
Rating: 8/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.2%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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