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Lars T Design ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Lars T Design ApS
Lars T Design ApS (CVR number: 31186072) is a company from FREDERIKSSUND. The company reported a net sales of 0.5 mDKK in 2024, demonstrating a growth of 7.1 % compared to the previous year. The operating profit percentage was at 18.3 % (EBIT: 0.1 mDKK), while net earnings were 101.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 70.7 %, which can be considered excellent and Return on Equity (ROE) was 249.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Lars T Design ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 509.45 | 545.75 | |||
| Gross profit | 305.00 | 546.00 | 488.00 | 409.64 | 452.29 |
| EBIT | -74.00 | -12.00 | -1.00 | -11.59 | 99.92 |
| Net earnings | -74.00 | -15.00 | -3.00 | -15.60 | 101.59 |
| Shareholders equity total | -33.00 | -47.00 | -50.00 | -66.36 | 35.23 |
| Balance sheet total (assets) | 90.00 | 129.00 | 65.00 | 46.10 | 170.05 |
| Net debt | -72.00 | - 120.00 | -60.00 | 6.79 | - 102.09 |
| Profitability | |||||
| EBIT-% | -2.3 % | 18.3 % | |||
| ROA | -62.7 % | -8.0 % | -0.7 % | -10.2 % | 70.7 % |
| ROE | -113.0 % | -13.7 % | -3.1 % | -28.1 % | 249.8 % |
| ROI | -269.1 % | -200.0 % | -20.0 % | -40.0 % | 219.4 % |
| Economic value added (EVA) | -76.41 | -10.69 | 1.11 | -9.32 | 104.22 |
| Solvency | |||||
| Equity ratio | -26.8 % | -26.7 % | -43.5 % | -59.0 % | 20.7 % |
| Gearing | -21.2 % | -10.6 % | -10.0 % | -79.7 % | 8.4 % |
| Relative net indebtedness % | 13.0 % | 5.5 % | |||
| Liquidity | |||||
| Quick ratio | 0.6 | 0.7 | 0.6 | 0.4 | 1.3 |
| Current ratio | 0.6 | 0.7 | 0.6 | 0.4 | 1.3 |
| Cash and cash equivalents | 79.00 | 125.00 | 65.00 | 46.10 | 105.06 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 41.1 | ||||
| Net working capital % | -13.0 % | 6.5 % | |||
| Credit risk | |||||
| Credit rating | BB | B | BB | BB | BB |
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