GLARMESTER AAGE LARSEN ApS — Credit Rating and Financial Key Figures

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

Company information

Official name
GLARMESTER AAGE LARSEN ApS
Personnel
6 persons
Established
1986
Company form
Private limited company
Industry

About GLARMESTER AAGE LARSEN ApS

GLARMESTER AAGE LARSEN ApS (CVR number: 10415993) is a company from GULDBORGSUND. The company recorded a gross profit of 381.4 kDKK in 2024. The operating profit was 91.5 kDKK, while net earnings were 47.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent but Return on Equity (ROE) was 13.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 16.9 %, 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 0.8 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 009.00353.00551.00259.00381.41
EBIT613.00-3.00115.00- 209.0091.47
Net earnings482.00-22.0056.00- 215.0047.94
Shareholders equity total1 627.00603.00557.00339.00386.53
Balance sheet total (assets)2 304.002 355.002 474.002 201.002 284.19
Net debt-1 248.00- 109.00464.00- 601.00- 702.79
Profitability
EBIT-%
ROA33.0 %0.6 %5.4 %-8.2 %5.0 %
ROE34.8 %-2.0 %9.7 %-48.0 %13.2 %
ROI44.4 %0.8 %7.0 %-16.9 %31.0 %
Economic value added (EVA)413.50-84.31-2.03- 260.4351.86
Solvency
Equity ratio70.6 %25.6 %22.5 %15.4 %16.9 %
Gearing0.2 %197.8 %241.5 %0.6 %0.7 %
Relative net indebtedness %
Liquidity
Quick ratio3.21.00.80.70.8
Current ratio3.71.20.90.90.9
Cash and cash equivalents1 252.001 302.00881.00603.00705.35
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:5.04%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.9%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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