Ib Kofod Larsen Design Ltd. ApS — Credit Rating and Financial Key Figures

CVR number: 36922222
Herredsvej 40 B, 4944 Fejø
ikld@kofod-larsen.dk
tel: 60804944

Credit rating

Company information

Official name
Ib Kofod Larsen Design Ltd. ApS
Established
2015
Company form
Private limited company
Industry

About Ib Kofod Larsen Design Ltd. ApS

Ib Kofod Larsen Design Ltd. ApS (CVR number: 36922222) is a company from LOLLAND. The company reported a net sales of 0.7 mDKK in 2023, demonstrating a decline of -3.7 % compared to the previous year. The operating profit percentage was at 65.7 % (EBIT: 0.4 mDKK), while net earnings were 377.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36.2 %, which can be considered excellent and Return on Equity (ROE) was 36.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 87.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Ib Kofod Larsen Design Ltd. ApS's liquidity measured by quick ratio was 14.4 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales231.75195.24586.59706.64680.67
Gross profit23.9111.82333.41424.65447.29
EBIT23.9111.82333.41424.65447.29
Net earnings19.589.65276.46390.71377.13
Shareholders equity total187.45187.08416.96807.661 254.95
Balance sheet total (assets)249.81259.20795.621 256.951 439.30
Net debt- 184.81- 194.20- 398.62-1 081.69-1 345.53
Profitability
EBIT-%10.3 %6.1 %56.8 %60.1 %65.7 %
ROA12.3 %4.6 %67.6 %49.6 %36.2 %
ROE12.8 %5.2 %91.5 %63.8 %36.6 %
ROI15.3 %6.2 %80.3 %54.6 %38.4 %
Economic value added (EVA)19.8515.56266.84351.62367.06
Solvency
Equity ratio75.0 %72.2 %52.4 %64.3 %87.2 %
Gearing31.7 %13.7 %2.3 %
Relative net indebtedness %-56.0 %-63.4 %-51.5 %-140.5 %-187.9 %
Liquidity
Quick ratio3.42.82.36.014.4
Current ratio3.42.82.36.014.4
Cash and cash equivalents184.81194.20530.621 191.951 374.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %56.0 %63.4 %-37.6 %21.0 %115.2 %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:36.2%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:87.2%
Rating: 67/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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