LARS AASKOV ApS — Credit Rating and Financial Key Figures

CVR number: 29242038
Højvang 157, Næsby 5270 Odense N
lars@larsaaskov.dk
tel: 51902223

Credit rating

Company information

Official name
LARS AASKOV ApS
Personnel
9 persons
Established
2006
Domicile
Næsby
Company form
Private limited company
Industry

About LARS AASKOV ApS

LARS AASKOV ApS (CVR number: 29242038) is a company from ODENSE. The company recorded a gross profit of 3905 kDKK in 2023. The operating profit was 365.9 kDKK, while net earnings were 163.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.1 %, which can be considered good and Return on Equity (ROE) was 12.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 34.8 %, 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. LARS AASKOV ApS's liquidity measured by quick ratio was 1.3 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 579.003 982.003 268.003 962.003 905.01
EBIT233.00201.0024.00572.00365.92
Net earnings172.00117.005.00421.00163.39
Shareholders equity total1 196.001 313.001 018.001 439.001 201.81
Balance sheet total (assets)3 211.003 261.002 481.003 155.003 453.68
Net debt456.00408.00541.00279.001 261.95
Profitability
EBIT-%
ROA9.0 %7.3 %2.0 %21.1 %11.1 %
ROE14.2 %9.3 %0.4 %34.3 %12.4 %
ROI14.9 %13.7 %3.5 %36.2 %17.4 %
Economic value added (EVA)117.4089.44-48.34393.15179.80
Solvency
Equity ratio37.8 %40.3 %41.2 %45.8 %34.8 %
Gearing43.9 %32.0 %53.1 %19.4 %105.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.41.31.61.3
Current ratio1.51.51.61.81.5
Cash and cash equivalents69.0012.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:11.1%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:34.8%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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