Lars Sørensen Holding V Aps — Credit Rating and Financial Key Figures

CVR number: 40338799
Havnen 8, 9300 Sæby
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Credit rating

Company information

Official name
Lars Sørensen Holding V Aps
Established
2018
Company form
Private limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales935.031 917.422 085.66880.24-90.74
Gross profit925.031 862.002 060.16778.25- 336.97
EBIT925.031 862.002 060.16778.25- 336.97
Net earnings927.431 875.212 064.58980.06165.83
Shareholders equity total9 858.8911 734.1013 798.6814 778.7414 944.57
Balance sheet total (assets)9 967.9311 935.1214 231.4514 834.6814 984.82
Net debt0.0059.73186.68-5 767.87-11 091.02
Profitability
EBIT-%98.9 %97.1 %98.8 %88.4 %
ROA9.3 %17.0 %15.7 %8.9 %1.8 %
ROE9.4 %17.4 %16.2 %6.9 %1.1 %
ROI9.4 %17.2 %15.9 %9.0 %1.8 %
Economic value added (EVA)927.231 378.941 472.71123.21-1 053.17
Solvency
Equity ratio98.9 %98.3 %97.0 %99.6 %99.7 %
Gearing0.0 %0.6 %1.9 %
Relative net indebtedness %11.7 %9.7 %17.4 %-648.9 %12178.8 %
Liquidity
Quick ratio0.90.70.8171.6289.5
Current ratio0.90.70.8171.6289.5
Cash and cash equivalents15.8670.365 767.8711 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 ratingAAAABBB

Variable visualization

ROA:1.80%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 96/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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