Lars Holm Kristensen Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Lars Holm Kristensen Holding ApS
Lars Holm Kristensen Holding ApS (CVR number: 37508977) is a company from HJØRRING. The company reported a net sales of 1.1 mDKK in 2023, demonstrating a growth of 132.5 % compared to the previous year. The operating profit percentage was at 98.1 % (EBIT: 1.1 mDKK), while net earnings were 1058.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.1 %, which can be considered excellent and Return on Equity (ROE) was 21.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.7 %, 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. Lars Holm Kristensen Holding 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 468.02 | 1 750.12 | 1 781.62 | 484.82 | 1 127.29 |
Gross profit | 442.41 | 1 732.26 | 1 774.87 | 465.42 | 1 105.76 |
EBIT | 442.41 | 1 732.26 | 1 774.87 | 465.42 | 1 105.76 |
Net earnings | 413.99 | 1 725.56 | 1 770.20 | 469.65 | 1 058.12 |
Shareholders equity total | 765.05 | 2 380.01 | 4 037.20 | 4 392.45 | 5 332.77 |
Balance sheet total (assets) | 1 478.26 | 3 131.45 | 4 208.31 | 5 289.88 | 6 955.14 |
Net debt | 633.79 | 648.58 | 80.95 | 158.62 | 280.75 |
Profitability | |||||
EBIT-% | 94.5 % | 99.0 % | 99.6 % | 96.0 % | 98.1 % |
ROA | 40.4 % | 75.2 % | 48.4 % | 9.8 % | 18.1 % |
ROE | 69.2 % | 109.7 % | 55.2 % | 11.1 % | 21.8 % |
ROI | 41.9 % | 77.9 % | 49.0 % | 9.8 % | 18.1 % |
Economic value added (EVA) | 471.63 | 1 812.94 | 1 912.11 | 632.85 | 1 298.14 |
Solvency | |||||
Equity ratio | 51.8 % | 76.0 % | 95.9 % | 83.0 % | 76.7 % |
Gearing | 84.1 % | 27.7 % | 4.1 % | 20.3 % | 30.3 % |
Relative net indebtedness % | 150.3 % | 42.4 % | 4.9 % | 34.0 % | 25.5 % |
Liquidity | |||||
Quick ratio | 0.0 | 0.2 | 0.6 | 1.6 | 1.2 |
Current ratio | 0.0 | 0.2 | 0.6 | 1.6 | 1.2 |
Cash and cash equivalents | 10.00 | 10.00 | 83.90 | 732.56 | 1 335.13 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -152.4 % | -37.0 % | -4.1 % | 102.6 % | 27.6 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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