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LARS VEJEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LARS VEJEN ApS
LARS VEJEN ApS (CVR number: 36073071) is a company from HORSENS. The company recorded a gross profit of -108.7 kDKK in 2025. The operating profit was -353.1 kDKK, while net earnings were -369.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -23.7 %, which can be considered poor and Return on Equity (ROE) was -38.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 39.7 %, 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. LARS VEJEN ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 429.97 | 314.38 | 1 682.34 | 1 646.85 | - 108.67 |
| EBIT | 224.76 | 44.60 | 1 455.96 | 589.28 | - 353.13 |
| Net earnings | 224.25 | 41.08 | 1 104.06 | 459.96 | - 369.52 |
| Shareholders equity total | 130.16 | 171.24 | 1 275.30 | 1 335.26 | 565.73 |
| Balance sheet total (assets) | 917.27 | 962.22 | 1 832.65 | 1 529.49 | 1 425.74 |
| Net debt | - 515.35 | - 532.87 | -1 375.68 | - 816.05 | 35.11 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 26.0 % | 4.8 % | 104.4 % | 35.3 % | -23.7 % |
| ROE | 52.7 % | 27.3 % | 152.6 % | 35.2 % | -38.9 % |
| ROI | 340.0 % | 30.0 % | 198.4 % | 45.0 % | -25.7 % |
| Economic value added (EVA) | 229.38 | 38.06 | 1 097.21 | 393.80 | - 419.02 |
| Solvency | |||||
| Equity ratio | 14.2 % | 17.8 % | 69.6 % | 87.3 % | 39.7 % |
| Gearing | 1.1 % | 0.1 % | 145.2 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.7 | 0.9 | 3.2 | 7.9 | 1.2 |
| Current ratio | 0.7 | 0.9 | 3.2 | 7.9 | 1.2 |
| Cash and cash equivalents | 515.35 | 534.82 | 1 375.68 | 817.87 | 786.13 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BBB | A | BBB |
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