LARSENS EFTF. ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LARSENS EFTF. ApS
LARSENS EFTF. ApS (CVR number: 82033912) is a company from KOLDING. The company recorded a gross profit of 2493.4 kDKK in 2023. The operating profit was -131.8 kDKK, while net earnings were -380.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.4 %, which can be considered poor and Return on Equity (ROE) was -2.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. LARSENS EFTF. 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 4 001.47 | 3 662.22 | 6 147.11 | 5 136.25 | 2 493.40 |
EBIT | 1 490.19 | 865.06 | 3 359.82 | 2 373.08 | - 131.81 |
Net earnings | 762.48 | 419.82 | 2 285.94 | 1 570.09 | - 380.41 |
Shareholders equity total | 12 566.98 | 12 986.80 | 15 272.75 | 16 842.84 | 15 462.42 |
Balance sheet total (assets) | 36 205.84 | 40 724.40 | 40 301.39 | 34 674.63 | 32 648.77 |
Net debt | 14 611.59 | 16 017.95 | 11 270.62 | 8 884.80 | 9 572.88 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.8 % | 2.3 % | 8.3 % | 6.3 % | -0.4 % |
ROE | 5.8 % | 3.3 % | 16.2 % | 9.8 % | -2.4 % |
ROI | 4.8 % | 2.9 % | 11.2 % | 8.2 % | -0.5 % |
Economic value added (EVA) | -90.20 | - 291.32 | 1 588.22 | 735.88 | -1 213.75 |
Solvency | |||||
Equity ratio | 34.7 % | 31.9 % | 37.9 % | 48.6 % | 47.4 % |
Gearing | 138.9 % | 141.5 % | 85.4 % | 70.0 % | 74.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 0.8 | 0.9 | 1.3 | 1.2 |
Current ratio | 1.1 | 1.1 | 1.2 | 1.6 | 1.5 |
Cash and cash equivalents | 2 846.05 | 2 356.88 | 1 776.42 | 2 900.37 | 2 000.32 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | A | AA | AA | A |
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