Lars Sørensen Holding V Aps — Credit Rating and Financial Key Figures
Credit rating
Company information
About Lars Sørensen Holding V Aps
Lars Sørensen Holding V Aps (CVR number: 40338799) is a company from FREDERIKSHAVN. The company reported a net sales of -0.1 mDKK in 2023, demonstrating a decline of -110.3 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0.3 mDKK), while net earnings were 165.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak and Return on Equity (ROE) was 1.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Lars Sørensen Holding V Aps's liquidity measured by quick ratio was 289.5 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 935.03 | 1 917.42 | 2 085.66 | 880.24 | -90.74 |
Gross profit | 925.03 | 1 862.00 | 2 060.16 | 778.25 | - 336.97 |
EBIT | 925.03 | 1 862.00 | 2 060.16 | 778.25 | - 336.97 |
Net earnings | 927.43 | 1 875.21 | 2 064.58 | 980.06 | 165.83 |
Shareholders equity total | 9 858.89 | 11 734.10 | 13 798.68 | 14 778.74 | 14 944.57 |
Balance sheet total (assets) | 9 967.93 | 11 935.12 | 14 231.45 | 14 834.68 | 14 984.82 |
Net debt | 0.00 | 59.73 | 186.68 | -5 767.87 | -11 091.02 |
Profitability | |||||
EBIT-% | 98.9 % | 97.1 % | 98.8 % | 88.4 % | |
ROA | 9.3 % | 17.0 % | 15.7 % | 8.9 % | 1.8 % |
ROE | 9.4 % | 17.4 % | 16.2 % | 6.9 % | 1.1 % |
ROI | 9.4 % | 17.2 % | 15.9 % | 9.0 % | 1.8 % |
Economic value added (EVA) | 927.23 | 1 378.94 | 1 472.71 | 123.21 | -1 053.17 |
Solvency | |||||
Equity ratio | 98.9 % | 98.3 % | 97.0 % | 99.6 % | 99.7 % |
Gearing | 0.0 % | 0.6 % | 1.9 % | ||
Relative net indebtedness % | 11.7 % | 9.7 % | 17.4 % | -648.9 % | 12178.8 % |
Liquidity | |||||
Quick ratio | 0.9 | 0.7 | 0.8 | 171.6 | 289.5 |
Current ratio | 0.9 | 0.7 | 0.8 | 171.6 | 289.5 |
Cash and cash equivalents | 15.86 | 70.36 | 5 767.87 | 11 091.02 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -1.4 % | -2.9 % | -3.6 % | 964.3 % | -11729.8 % |
Credit risk | |||||
Credit rating | A | A | A | A | BBB |
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