Larsen Motorcykler ApS

CVR number: 38308262
Skavholmvej 4, 8520 Lystrup
info@larsenmotorcykler.dk
tel: 86226295
www.larsenmotorcykler.dk

Credit rating

Company information

Official name
Larsen Motorcykler ApS
Personnel
4 persons
Established
2017
Company form
Private limited company
Industry
  • Expand more icon45Wholesale and retail trade and repair of motor vehicles and motorcycles

About Larsen Motorcykler ApS

Larsen Motorcykler ApS (CVR number: 38308262) is a company from AARHUS. The company recorded a gross profit of 1699.1 kDKK in 2023. The operating profit was 264.8 kDKK, while net earnings were 115.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.9 %, which can be considered good and Return on Equity (ROE) was 11.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 22.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Larsen Motorcykler ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit1 165.711 646.861 648.341 664.301 699.13
EBIT244.66337.70350.69373.90264.78
Net earnings164.74235.55253.01275.29115.86
Shareholders equity total461.85697.41950.421 225.72741.58
Balance sheet total (assets)2 378.512 903.963 176.333 000.453 340.26
Net debt1 291.94463.05744.28722.301 011.50
Profitability
EBIT-%
ROA11.5 %13.0 %11.8 %12.5 %8.9 %
ROE43.4 %40.6 %30.7 %25.3 %11.8 %
ROI18.9 %20.6 %21.2 %20.1 %14.8 %
Economic value added (EVA)176.13239.74257.98246.24134.91
Solvency
Equity ratio19.6 %25.5 %30.2 %41.1 %22.3 %
Gearing279.9 %126.8 %89.0 %64.7 %139.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.50.40.40.2
Current ratio1.21.31.41.71.3
Cash and cash equivalents0.62421.19101.9771.1120.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:8.89%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.3%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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