H.B. Larsen Holding ApS — Credit Rating and Financial Key Figures

CVR number: 24982246
Nøjsomhedsvej 35, 4900 Nakskov

Company information

Official name
H.B. Larsen Holding ApS
Established
1999
Company form
Private limited company
Industry

About H.B. Larsen Holding ApS

H.B. Larsen Holding ApS (CVR number: 24982246) is a company from LOLLAND. The company recorded a gross profit of -30.5 kDKK in 2023. The operating profit was -30.5 kDKK, while net earnings were 925.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.7 %, which can be considered good but Return on Equity (ROE) was 18.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 28.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. H.B. Larsen Holding ApS's liquidity measured by quick ratio was 2.5 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-28.42-83.25- 129.78-71.46-30.51
EBIT-28.42-83.25- 129.78-71.46-30.51
Net earnings1 762.472 214.10-1 035.39- 619.18925.46
Shareholders equity total3 971.476 185.575 150.184 530.995 456.45
Balance sheet total (assets)13 891.0118 182.5217 786.0617 435.1718 959.15
Net debt-2 198.34-4 732.61-5 553.73-5 435.58-7 188.53
Profitability
EBIT-%
ROA16.9 %19.3 %-2.9 %-1.7 %9.7 %
ROE57.0 %43.6 %-18.3 %-12.8 %18.5 %
ROI16.9 %19.6 %-3.0 %-2.3 %19.4 %
Economic value added (EVA)315.77400.41470.13550.96584.77
Solvency
Equity ratio28.6 %34.0 %29.0 %26.0 %28.8 %
Gearing66.6 %63.6 %80.7 %92.2 %75.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.12.12.22.22.5
Current ratio2.12.12.22.22.5
Cash and cash equivalents4 844.758 667.489 711.729 611.0411 285.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBBA

Variable visualization

ROA:9.72%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.8%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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