LARS ARNE CHRISTENSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 10099528
Vintappervej 2, 2800 Kgs.Lyngby
lac@larsarnechristensen.dk
tel: 31444814

Company information

Official name
LARS ARNE CHRISTENSEN HOLDING ApS
Personnel
1 person
Established
2002
Company form
Private limited company
Industry

About LARS ARNE CHRISTENSEN HOLDING ApS

LARS ARNE CHRISTENSEN HOLDING ApS (CVR number: 10099528) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of -165.9 kDKK in 2023. The operating profit was -669.8 kDKK, while net earnings were -67.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.8 %, which can be considered decent but Return on Equity (ROE) was -0.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LARS ARNE CHRISTENSEN HOLDING ApS's liquidity measured by quick ratio was 110 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 292.75- 292.96- 299.42- 243.46- 165.93
EBIT- 942.75-1 083.84-1 107.42-1 060.14- 669.76
Net earnings1 460.90393.531 124.24-3 271.74-67.47
Shareholders equity total14 574.7414 912.9815 837.2212 508.2812 381.91
Balance sheet total (assets)14 764.7715 388.2516 255.6412 712.2712 477.68
Net debt-10 956.45-10 163.24-10 702.12-7 152.56-10 445.84
Profitability
EBIT-%
ROA13.4 %3.8 %9.3 %-7.9 %6.8 %
ROE10.4 %2.7 %7.3 %-23.1 %-0.5 %
ROI13.5 %3.8 %9.5 %-8.0 %6.8 %
Economic value added (EVA)- 640.73- 770.31- 846.82-1 078.25- 680.60
Solvency
Equity ratio98.7 %96.9 %97.4 %98.4 %99.2 %
Gearing0.1 %1.8 %1.2 %1.0 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio57.922.326.436.3110.0
Current ratio58.522.626.736.9111.2
Cash and cash equivalents10 971.5010 436.6510 886.397 275.9510 452.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:6.80%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.2%
Rating: 88/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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