Larsen Research International ApS
Credit rating
Company information
About Larsen Research International ApS
Larsen Research International ApS (CVR number: 18106388) is a company from SLAGELSE. The company recorded a gross profit of 415.2 kDKK in 2023. The operating profit was -108.9 kDKK, while net earnings were -95.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -22.5 %, which can be considered poor and Return on Equity (ROE) was -48.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 36.3 %, 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 Research International ApS's liquidity measured by quick ratio was 1.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 503.63 | 520.88 | 330.43 | 306.15 | 415.16 |
EBIT | -6.16 | -18.12 | -26.21 | 38.68 | - 108.88 |
Net earnings | -12.27 | -16.95 | -25.25 | 24.07 | -95.08 |
Shareholders equity total | 486.79 | 359.24 | 220.99 | 245.06 | 149.98 |
Balance sheet total (assets) | 688.25 | 630.77 | 347.11 | 551.36 | 413.49 |
Net debt | - 448.43 | - 360.89 | - 208.84 | - 339.85 | - 353.26 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.7 % | -2.6 % | -5.3 % | 8.8 % | -22.5 % |
ROE | -2.2 % | -4.0 % | -8.7 % | 10.3 % | -48.1 % |
ROI | -0.8 % | -3.4 % | -7.4 % | 12.4 % | -41.5 % |
Economic value added (EVA) | 1.45 | -9.85 | -17.58 | 31.75 | -75.55 |
Solvency | |||||
Equity ratio | 70.7 % | 57.0 % | 63.7 % | 44.4 % | 36.3 % |
Gearing | 26.4 % | 18.1 % | 22.8 % | 48.4 % | 5.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.0 | 2.2 | 2.6 | 1.7 | 1.5 |
Current ratio | 3.4 | 2.3 | 2.8 | 1.8 | 1.6 |
Cash and cash equivalents | 576.74 | 425.97 | 259.19 | 458.48 | 361.95 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | B | B | B | B |
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