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LARS DANMARK HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 88794915
Mågevej 7, 2670 Greve
lars.danmark.as@mail.dk
tel: 21912065
Free credit report Annual report

Company information

Official name
LARS DANMARK HOLDING A/S
Personnel
1 person
Established
1980
Company form
Limited company
Industry

About LARS DANMARK HOLDING A/S

LARS DANMARK HOLDING A/S (CVR number: 88794915) is a company from GREVE. The company recorded a gross profit of -129 kDKK in 2024. The operating profit was -925.1 kDKK, while net earnings were -472.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.1 %, which can be considered excellent but Return on Equity (ROE) was -1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. LARS DANMARK HOLDING A/S's liquidity measured by quick ratio was 2.7 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit- 251.77- 130.19- 163.2655.63- 129.04
EBIT- 903.93- 752.14- 911.15- 720.43- 925.09
Net earnings9 796.47-2 652.839 183.029 949.49- 472.25
Shareholders equity total34 738.3727 085.5436 268.5646 218.0445 745.80
Balance sheet total (assets)53 364.3051 376.4763 478.6971 430.1472 471.74
Net debt-40 040.59-30 875.36-41 807.66-51 363.44-47 291.49
Profitability
EBIT-%
ROA28.2 %9.2 %23.7 %25.2 %19.1 %
ROE32.8 %-8.6 %29.0 %24.1 %-1.0 %
ROI30.7 %10.2 %26.3 %27.6 %20.5 %
Economic value added (EVA)-2 592.93-2 985.06-3 032.05-3 445.73-4 017.56
Solvency
Equity ratio65.1 %52.7 %57.1 %64.7 %63.1 %
Gearing37.4 %70.6 %58.2 %41.9 %49.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.82.12.53.12.7
Current ratio2.82.12.53.12.7
Cash and cash equivalents53 021.0549 988.8362 928.9670 730.9370 134.27
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:19.1%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.1%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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