FOLKE LARSENS EFTF.A/S — Credit Rating and Financial Key Figures

CVR number: 10351235
Ejby Industrivej 106, 2600 Glostrup
info@folkelarsen.dk
tel: 43430342
www.folkelarsen.dk
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Company information

Official name
FOLKE LARSENS EFTF.A/S
Personnel
25 persons
Established
1986
Company form
Limited company
Industry

About FOLKE LARSENS EFTF.A/S

FOLKE LARSENS EFTF.A/S (CVR number: 10351235) is a company from GLOSTRUP. The company recorded a gross profit of 18.5 mDKK in 2024. The operating profit was 4030.4 kDKK, while net earnings were 3042.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.9 %, which can be considered good and Return on Equity (ROE) was 12.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 80.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FOLKE LARSENS EFTF.A/S's liquidity measured by quick ratio was 2.7 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit10 435.2613 288.1114 986.2617 896.2718 471.15
EBIT2 541.632 171.273 199.734 706.804 030.40
Net earnings2 307.301 933.482 637.083 579.433 042.58
Shareholders equity total18 576.3519 509.8421 146.9223 726.3525 768.93
Balance sheet total (assets)28 131.7426 424.7629 650.6130 882.6132 026.91
Net debt- 364.64-1 010.19- 549.55- 758.11-1 173.89
Profitability
EBIT-%
ROA12.2 %9.4 %12.4 %15.6 %12.9 %
ROE13.2 %10.2 %13.0 %16.0 %12.3 %
ROI16.8 %13.2 %17.0 %20.9 %15.9 %
Economic value added (EVA)1 153.91749.601 500.982 599.371 941.33
Solvency
Equity ratio66.0 %73.8 %71.3 %76.8 %80.5 %
Gearing0.1 %0.2 %0.1 %0.1 %4.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.81.71.92.7
Current ratio3.14.03.74.95.8
Cash and cash equivalents386.511 040.83578.29782.612 335.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:12.9%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:80.5%
Rating: 60/100
-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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