CARL ERIK LARSEN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 1828.9 mDKK in 2024, demonstrating a growth of 0.8 % compared to the previous year. The operating profit percentage was at 0.7 % (EBIT: 13 mDKK), while net earnings were 11.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak but Return on Equity (ROE) was 5.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 67.5 %, 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. CARL ERIK LARSEN HOLDING ApS's liquidity measured by quick ratio was 1.3 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 1 535.05 | 1 713.34 | 1 799.15 | 1 814.60 | 1 828.90 |
| Gross profit | 83.43 | 98.69 | 108.48 | 113.13 | 119.10 |
| EBIT | 2.60 | 19.01 | 22.97 | 18.06 | 13.01 |
| Net earnings | 0.70 | 12.42 | 17.00 | 8.76 | 11.74 |
| Shareholders equity total | 137.87 | 149.84 | 166.44 | 174.75 | 380.21 |
| Balance sheet total (assets) | 417.35 | 442.86 | 445.41 | 444.06 | 563.69 |
| Net debt | -2.73 | -45.95 | |||
| Profitability | |||||
| EBIT-% | 0.2 % | 1.1 % | 1.3 % | 1.0 % | 0.7 % |
| ROA | 0.5 % | 4.4 % | 5.2 % | 4.8 % | 3.7 % |
| ROE | 0.5 % | 8.6 % | 10.8 % | 6.6 % | 5.9 % |
| ROI | 0.5 % | 4.4 % | 5.2 % | 5.4 % | 6.3 % |
| Economic value added (EVA) | -4.31 | 12.08 | 15.44 | 4.48 | 0.77 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 100.0 % | 39.4 % | 67.5 % |
| Gearing | 3.1 % | 7.7 % | |||
| Relative net indebtedness % | 14.3 % | 5.8 % | |||
| Liquidity | |||||
| Quick ratio | 0.5 | 1.3 | |||
| Current ratio | 1.1 | 2.3 | |||
| Cash and cash equivalents | 8.15 | 75.04 | |||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 25.2 | 24.6 | |||
| Net working capital % | 0.8 % | 8.1 % | |||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | A | AA |
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