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
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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 55.6 kDKK in 2023. The operating profit was -720.4 kDKK, while net earnings were 9949.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.2 %, which can be considered excellent and Return on Equity (ROE) was 24.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64.7 %, 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 3.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 156.76- 251.77- 130.19- 163.2655.63
EBIT- 690.56- 903.93- 752.14- 911.15- 720.43
Net earnings652.929 796.47-2 652.839 183.029 949.49
Shareholders equity total24 941.9034 738.3727 085.5436 268.5646 218.04
Balance sheet total (assets)39 499.0453 364.3051 376.4763 478.6971 430.14
Net debt-25 357.47-40 040.59-30 875.36-41 807.66-51 363.44
Profitability
EBIT-%
ROA3.2 %28.2 %9.2 %23.7 %25.2 %
ROE2.6 %32.8 %-8.6 %29.0 %24.1 %
ROI3.4 %30.7 %10.2 %26.3 %27.6 %
Economic value added (EVA)- 182.55-49.59331.76440.34777.79
Solvency
Equity ratio63.1 %65.1 %52.7 %57.1 %64.7 %
Gearing50.6 %37.4 %70.6 %58.2 %41.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.72.82.12.53.1
Current ratio2.72.82.12.53.1
Cash and cash equivalents37 985.5953 021.0549 988.8362 928.9670 730.93
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:25.2%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.7%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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