GLARMESTER AAGE LARSEN ApS

CVR number: 10415993
Englandsvej 3, 4800 Nykøbing F
aagelarsen@image.dk
tel: 54855485

Credit rating

Company information

Official name
GLARMESTER AAGE LARSEN ApS
Personnel
6 persons
Established
1986
Company form
Private limited company
Industry
  • Expand more icon43Specialised construction activities

About the company

GLARMESTER AAGE LARSEN ApS (CVR number: 10415993) is a company from GULDBORGSUND. The company recorded a gross profit of 257.4 kDKK in 2023. The operating profit was -212.2 kDKK, while net earnings were -218.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.3 %, which can be considered poor and Return on Equity (ROE) was -48.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 15.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. GLARMESTER AAGE LARSEN ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit506.001 009.00353.00551.00257.38
EBIT132.00613.00-3.00115.00- 212.24
Net earnings107.00482.00-22.0056.00- 218.27
Shareholders equity total1 144.001 627.00603.00557.00338.58
Balance sheet total (assets)1 531.002 304.002 355.002 474.002 199.99
Net debt- 455.00-1 248.00- 109.00464.00- 601.56
Profitability
EBIT-%
ROA8.4 %33.0 %0.6 %5.4 %-8.3 %
ROE9.8 %34.8 %-2.0 %9.7 %-48.7 %
ROI10.5 %44.4 %0.8 %7.0 %-17.2 %
Economic value added (EVA)112.62437.62-21.04123.34- 150.68
Solvency
Equity ratio74.7 %70.6 %25.6 %22.5 %15.4 %
Gearing0.4 %0.2 %197.8 %241.5 %0.7 %
Relative net indebtedness %
Liquidity
Quick ratio2.43.21.00.80.7
Current ratio3.23.71.20.90.9
Cash and cash equivalents460.001 252.001 302.00881.00604.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-8.33%
Rating: 12/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:15.4%
Rating: 15/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

Build time: 2024-10-04T14:01:21.238Z

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