H.B. Larsen Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 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 earnings | 1 762.47 | 2 214.10 | -1 035.39 | - 619.18 | 925.46 |
Shareholders equity total | 3 971.47 | 6 185.57 | 5 150.18 | 4 530.99 | 5 456.45 |
Balance sheet total (assets) | 13 891.01 | 18 182.52 | 17 786.06 | 17 435.17 | 18 959.15 |
Net debt | -2 198.34 | -4 732.61 | -5 553.73 | -5 435.58 | -7 188.53 |
Profitability | |||||
EBIT-% | |||||
ROA | 16.9 % | 19.3 % | -2.9 % | -1.7 % | 9.7 % |
ROE | 57.0 % | 43.6 % | -18.3 % | -12.8 % | 18.5 % |
ROI | 16.9 % | 19.6 % | -3.0 % | -2.3 % | 19.4 % |
Economic value added (EVA) | 315.77 | 400.41 | 470.13 | 550.96 | 584.77 |
Solvency | |||||
Equity ratio | 28.6 % | 34.0 % | 29.0 % | 26.0 % | 28.8 % |
Gearing | 66.6 % | 63.6 % | 80.7 % | 92.2 % | 75.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.1 | 2.1 | 2.2 | 2.2 | 2.5 |
Current ratio | 2.1 | 2.1 | 2.2 | 2.2 | 2.5 |
Cash and cash equivalents | 4 844.75 | 8 667.48 | 9 711.72 | 9 611.04 | 11 285.48 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | BBB | BBB | A |
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