Larsenal Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Larsenal Holding ApS
Larsenal Holding ApS (CVR number: 39719622) is a company from AARHUS. The company reported a net sales of -0.2 mDKK in 2024, demonstrating a decline of 35.8 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0.2 mDKK), while net earnings were -183 kDKK. The profitability of the company measured by Return on Assets (ROA) was -33.6 %, which can be considered poor and Return on Equity (ROE) was -53 %, which can be considered poor. 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. Larsenal Holding ApS's liquidity measured by quick ratio was 2.6 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 558.55 | 376.57 | 141.27 | - 124.45 | - 168.96 |
Gross profit | 548.55 | 372.82 | 134.30 | - 131.33 | - 176.46 |
EBIT | 548.55 | 372.82 | 134.30 | - 131.33 | - 176.46 |
Net earnings | 548.90 | 413.14 | 127.65 | - 280.30 | - 182.99 |
Shareholders equity total | 588.90 | 891.44 | 904.68 | 506.59 | 183.60 |
Balance sheet total (assets) | 801.26 | 1 095.00 | 1 027.07 | 628.09 | 283.79 |
Net debt | 8.10 | - 469.95 | - 585.05 | - 414.77 | - 196.35 |
Profitability | |||||
EBIT-% | 98.2 % | 99.0 % | 95.1 % | ||
ROA | 112.2 % | 46.3 % | 12.7 % | -14.6 % | -33.6 % |
ROE | 152.6 % | 55.8 % | 14.2 % | -39.7 % | -53.0 % |
ROI | 147.9 % | 58.6 % | 14.6 % | -16.5 % | -43.5 % |
Economic value added (EVA) | 558.19 | 362.43 | 130.65 | - 126.08 | - 179.68 |
Solvency | |||||
Equity ratio | 73.5 % | 81.4 % | 88.1 % | 80.7 % | 64.7 % |
Gearing | 3.0 % | 4.7 % | 1.5 % | 2.9 % | |
Relative net indebtedness % | 36.3 % | -70.7 % | -357.5 % | 241.7 % | 60.0 % |
Liquidity | |||||
Quick ratio | 1.0 | 4.7 | 6.7 | 5.0 | 2.6 |
Current ratio | 1.0 | 4.7 | 6.7 | 5.0 | 2.6 |
Cash and cash equivalents | 9.66 | 469.95 | 627.36 | 422.34 | 201.62 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -1.7 % | 156.4 % | 316.9 % | -163.3 % | 22.1 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | B |
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