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HARRY OG MOGENS LARSEN A/S — Credit Rating and Financial Key Figures

CVR number: 26098114
Schnohrsvej 47, 5900 Rudkøbing
tel: 62512605
Free credit report Annual report

Credit rating

Company information

Official name
HARRY OG MOGENS LARSEN A/S
Personnel
24 persons
Established
2001
Company form
Limited company
Industry

About HARRY OG MOGENS LARSEN A/S

HARRY OG MOGENS LARSEN A/S (CVR number: 26098114) is a company from LANGELAND. The company recorded a gross profit of 3068.5 kDKK in 2024. The operating profit was -61.5 kDKK, while net earnings were -70.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.8 %, which can be considered poor and Return on Equity (ROE) was -1.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 49.8 %, 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. HARRY OG MOGENS LARSEN A/S's liquidity measured by quick ratio was 1.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3 198.223 376.902 955.013 779.703 068.48
EBIT674.31791.54577.53796.57-61.49
Net earnings484.16568.82405.62590.37-70.45
Shareholders equity total2 769.953 038.773 444.393 834.753 564.31
Balance sheet total (assets)8 449.406 573.157 269.987 482.707 157.24
Net debt-1 575.51- 676.73178.47- 725.52104.15
Profitability
EBIT-%
ROA9.3 %10.5 %8.3 %10.8 %-0.8 %
ROE18.1 %19.6 %12.5 %16.2 %-1.9 %
ROI19.6 %20.0 %13.6 %18.4 %-1.5 %
Economic value added (EVA)359.93426.11233.47400.97- 270.94
Solvency
Equity ratio32.8 %46.2 %47.4 %51.2 %49.8 %
Gearing16.9 %13.5 %14.1 %4.7 %2.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.51.21.41.1
Current ratio1.31.71.31.51.3
Cash and cash equivalents2 043.681 088.06305.73907.14
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBABBB

Variable visualization

ROA:-0.84%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.8%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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