CARL ERIK LARSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 30537432
Kjeldsmarkvej 3, 7600 Struer

Company information

Official name
CARL ERIK LARSEN HOLDING ApS
Established
2014
Company form
Private limited company
Industry

About CARL ERIK LARSEN HOLDING ApS

CARL ERIK LARSEN HOLDING ApS (CVR number: 30537432K) is a company from STRUER. The company reported a net sales of 1814.6 mDKK in 2023, demonstrating a growth of 0.9 % compared to the previous year. The operating profit percentage was at 1 % (EBIT: 18.1 mDKK), while net earnings were 8763 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent but Return on Equity (ROE) was 9.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 38.9 %, 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. CARL ERIK LARSEN HOLDING ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 488.771 535.051 713.341 799.151 814.60
Gross profit86.0283.4398.69108.48113.13
EBIT15.312.6019.0122.9718.06
Net earnings10.710.7012.4217.008.76
Shareholders equity total137.62137.87149.84166.44174.75
Balance sheet total (assets)585.75417.35442.86445.41448.87
Net debt-2.49-2.73
Profitability
EBIT-%1.0 %0.2 %1.1 %1.3 %1.0 %
ROA3.3 %0.5 %4.4 %5.3 %4.7 %
ROE10.2 %0.5 %8.6 %14.0 %9.1 %
ROI4.2 %0.5 %4.4 %7.5 %9.0 %
Economic value added (EVA)10.77-4.3112.0811.305.47
Solvency
Equity ratio100.0 %100.0 %100.0 %37.3 %38.9 %
Gearing13.4 %5.9 %
Relative net indebtedness %14.1 %14.3 %
Liquidity
Quick ratio0.60.5
Current ratio1.01.1
Cash and cash equivalents24.8412.97
Capital use efficiency
Trade debtors turnover (days)26.625.2
Net working capital %0.2 %0.8 %
Credit risk
Credit ratingABBBAAA

Variable visualization

ROA:4.75%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.9%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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