KIRSTEN OG LARS HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 35388672
Hjørringvej 444, 9750 Østervrå

Company information

Official name
KIRSTEN OG LARS HOLDING ApS
Established
2013
Company form
Private limited company
Industry

About KIRSTEN OG LARS HOLDING ApS

KIRSTEN OG LARS HOLDING ApS (CVR number: 35388672) is a company from FREDERIKSHAVN. The company recorded a gross profit of -91.2 kDKK in 2023. The operating profit was -109.6 kDKK, while net earnings were 960.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.1 %, which can be considered good but Return on Equity (ROE) was 15.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61.2 %, 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. KIRSTEN OG LARS HOLDING ApS's liquidity measured by quick ratio was 1.9 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-10.10-10.16-8.2691.56-91.19
EBIT-10.10-10.16-48.2673.20- 109.57
Net earnings664.33869.741 056.95944.75960.28
Shareholders equity total3 784.584 543.725 487.676 318.016 410.49
Balance sheet total (assets)3 940.936 548.599 796.549 976.9710 474.47
Net debt-1 205.54-1 667.01447.60150.03- 617.28
Profitability
EBIT-%
ROA18.2 %18.5 %15.1 %14.2 %11.1 %
ROE19.0 %20.9 %21.1 %16.0 %15.1 %
ROI18.6 %19.1 %15.3 %14.3 %11.3 %
Economic value added (EVA)97.90125.94182.12124.33-51.60
Solvency
Equity ratio96.0 %69.4 %56.0 %63.3 %61.2 %
Gearing0.0 %40.2 %78.4 %56.1 %59.8 %
Relative net indebtedness %
Liquidity
Quick ratio8.01.91.51.81.9
Current ratio8.01.91.51.81.9
Cash and cash equivalents1 206.333 493.823 855.273 396.204 447.58
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:11.1%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.2%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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