Lars Holm Kristensen Holding ApS — Credit Rating and Financial Key Figures

CVR number: 37508977
Bjørnagervej 18, 9870 Sindal

Company information

Official name
Lars Holm Kristensen Holding ApS
Established
2016
Company form
Private limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales468.021 750.121 781.62484.821 127.29
Gross profit442.411 732.261 774.87465.421 105.76
EBIT442.411 732.261 774.87465.421 105.76
Net earnings413.991 725.561 770.20469.651 058.12
Shareholders equity total765.052 380.014 037.204 392.455 332.77
Balance sheet total (assets)1 478.263 131.454 208.315 289.886 955.14
Net debt633.79648.5880.95158.62280.75
Profitability
EBIT-%94.5 %99.0 %99.6 %96.0 %98.1 %
ROA40.4 %75.2 %48.4 %9.8 %18.1 %
ROE69.2 %109.7 %55.2 %11.1 %21.8 %
ROI41.9 %77.9 %49.0 %9.8 %18.1 %
Economic value added (EVA)471.631 812.941 912.11632.851 298.14
Solvency
Equity ratio51.8 %76.0 %95.9 %83.0 %76.7 %
Gearing84.1 %27.7 %4.1 %20.3 %30.3 %
Relative net indebtedness %150.3 %42.4 %4.9 %34.0 %25.5 %
Liquidity
Quick ratio0.00.20.61.61.2
Current ratio0.00.20.61.61.2
Cash and cash equivalents10.0010.0083.90732.561 335.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-152.4 %-37.0 %-4.1 %102.6 %27.6 %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:18.1%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.7%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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